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Study
L 8 U 21
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On the market
When something becomes available to buy
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Asking price
The price at which something is offered for sale initially
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Ins and outs
Pros and cons
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Experience things firsthand
Experience things for yourself
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Homeowners association (HOA)
Neighborhoods organized into an association to make sure the roads, street lights work, etc work properly
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Landscaping
Plan where to put plants and flowers
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Real estate agent
Professionals who help other people buy and sell homes
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Sellers’ market
When there are too few homes for sale but many buyers
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Square feet
Length (in feet) x width (in feet) = area in sq. ft.
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Multiple listing service (MLS)
Online services for people wanting to buy or sell a home
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Terms
Things included in a contract, such as interest rates, period of time, etc.
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Flooring
Different materials on their floor, e.g., wood or carpet
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To ask around
Ask to other people for advice
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Patio
A place you can sit outside but that still has a floor and ceiling
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