The real estate process can be tricky for experienced buyers and sellers, let a lone a beginner who may never have bought or sold a home before. Whether you’re buying or selling a home, you may hear quite a few terms used that might sound unfamiliar. Before stepping in and putting pen to paper, it’s best to educate yourself on some of the important terms and vocabulary that are used in real estate. The more you understand the basics, the easier it will be to conduct a real estate transaction. This infographic will walk you through 12 real estate terms you should know before buying or selling a house.

Infographic by Element Homebuyers