Understanding Property Jargon - Part 2: E-N

Published: Jan. 31, 2023, 9 p.m.

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When you understand common terminology and industry jargon, it will be so much easier to understand what agents and other professionals are saying!.

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This is the second of a three part series, The A-Z of Understanding Property Jargon. In this episode Meighan and Veronica will walk us through everything you need to know from "E-N".

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If you have ever heard lingo being thrown around and not quite sure what it means?. Or if you want to gain a deeper understanding of all things property to help you during your purchase... then this is the episode for you!

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Episode Highlights:

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  • What Is An Encumbrance? [03:33]
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  • First Right Of Refusal? Is it a right or a courtesy? [07:22]
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  • What Is Freehold Hand and Fee Simple? [09:42]
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  • How Much You Borrow vs How Much You Are Putting In? [12:54]
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  • Home Inspection [16:32]
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  • The Jurisdiction you\\u2019re in makes all the difference [19:19]
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  • Lender\\u2019s Mortgage Insurance doesn\\u2019t cover you [22:11]
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  • Mortgage: A Legal Document or a Debt? [26:24]
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Resources:

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Visit our website https://www.homebuyeracademy.com.au/\\xa0

See omnystudio.com/listener for privacy information.

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