Unless you’re a licensed real estate agent, you’ve probably smiled blankly and nodded at a word you didn’t understand while house hunting (or watching Selling Sunset), only to discreetly turn to your phone and Google “What does pending mean?” Or “What is escrow?”
Thankfully, those search results are no longer, uh, pending (c’mon, spotty signal!), thanks to Realtor Jessica Lingscheit of The Somerday Group. Read on for the top real estate terms she says you should know to make shopping for your dream home so much easier, especially if you’re a first-time homebuyer.