Monday, July 23, 2007

Laguna Niguel Real Estate Glossary

No matter if you’re buying your first Laguna Niguel home or thinking about selling your 10th property in the area, knowing the lingo of the real estate industry can help you better understand the current market. For instance, do you know what an Acceleration Clause is? What would you do if you saw that your mortgage had one? Chances are you would want to know a lot more, since an acceleration clause on a mortgage means that your lender can require you pay your loan in full immediately, if certain conditions apply.

There are tons of terms like acceleration clause that buyers and sellers in the Laguna Niguel Real Estate market should understand. You can find the meanings of the most important real estate terms by visiting the Real Estate Glossary page on my Laguna Niguel Real Estate Web site. If you have any questions about the Laguna Niguel Real Estate market or a term you see on my Glossary page, feel free to call me anytime at 949-939-0300.

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