10 Must-Know Terms Before Buying Residential Property In Lucknow
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Ongoing, First published Oct 12, 2020
Every business has its argot, and real estate is not separate. If you want to buy a residential property in Lucknow.
Starting from CMA to title insurance to amortization, it can all seem like a perplexing word recipe for newbies.
But not to distress -this list will help you to get through everything.

1) Comparative market analysis
Comparative market analysis (CMA) is a report on similar homes in the zone that is utilized to obtain an errorless value for the home in question.

2) Dual agency
Dual agency is when one agent displays both sides, other than having both a purchaser's agent and a listing agent.

3) Escrow
Escrow is an account that the banker creates that gets monthly payments from the purchaser.

4) Home warranty
This warranty safeguards from future shortcomings to aspects like plumbing and heating, which can be very costly to fix for the residential property in Lucknow you purchase.
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