Keystoneresortrealestate

Real estate terminology may be difficult to understand for some buyers. Here are some common real estate terms to help them get through the Keystone real estate buying process with ease.                                                             Keystone real estate Amortization : The repayment schedule on a mortgage. In the beginning of a loan term, most payments are applied toward the interest. Toward the end of the loan term, the interest has been paid in advance. So, most payments apply toward the principal pay down while purchasing any Keystone real estate.     Appraisal : It’s the estimated property value when you opt for buying any Keystone reale state .    Annual Percentage Rate (APR) : It’s the most accurate indicator of the cost of a mortgage loan. APR reflects all closing costs of any Keystone real estate property and can total up to 5% of the loan. Annual percentage rate is most effectively used to price compare between various mortgages.