When purchasing your first home in Yardley, Downingtown or anywhere throughout the United States, some of the terms you may hear can be confusing and overwhelming. To help you through the process of finding and buying your home, here are some definitions to terms realtors use frequently.

Asking price – This is the suggested price that the sellers are asking for the sale of their home. It is negotiable and your agent can assist in writing an offer when you find a home you like.

Down payment – A down payment is a portion of the purchase price for the property you are agreeing to buy. It shows the seller you are serious about purchasing their home.

Walk-through – You will perform a walk-through of the property right before the sale closes, to ensure the property meets your standards, there is no damage inflicted by the seller since the last time you saw the property, and to confirm that it is vacant.

If you are ready to search for your first home in Bucks County, call me today at 215-519-1399. You may also search my website for all properties for sale throughout Yardley, Washington Crossing, and Langhorne, or send me an email if you have any questions.