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🏡 Real Estate Terminology 101: 25 Must-Know Terms for Buyers and Sellers Updated: April 28, 2025 🤔 Why Real Estate Jargon Can Be So Confusing Let’s face it — buying or selling a home can feel like learning a new language. From “escrow” to “contingencies,” there’s a mountain of real estate terminology that gets tossed around by agents, lenders, and lawyers. And if you’re not sure what it all means, you risk making costly mistakes or feeling lost in the process. But don’t worry — we’ve got your back. Whether you’re a first-time homebuyer, a seasoned seller, or just exploring the market, this guide will demystify the 25 most important real estate terms you need to know in 2025. 🧠 Real Estate Terms Every Buyer and Seller Should Know 1. Appraisal An independent estimate of a property’s value , usually required by lenders before issuing a mortgage. 🔎 Why it matters: If the appraisal comes in low, it could delay or derail the sale. 2. Pre-Approval A written letter from a ...

  📊 From Manual Chaos to Streamlined Success: How Sage Software Transforms Nigerian Businesses Meet Adeola, a dedicated entrepreneur in Lagos who managed her growing fashion retail business using spreadsheets and manual processes. As her customer base expanded, so did the complexity of her operations. Inventory mismatches, delayed invoicing, and cash flow uncertainties became daily challenges. Adeola realized she needed a robust solution to streamline her business processes and support her company's growth. Enter Sage Software Nigeria — offering comprehensive accounting and enterprise resource planning (ERP) solutions tailored for Nigerian businesses. 🧾 The Challenge: Managing Growth with Limited Tools As Adeola's business grew, she faced several operational hurdles: Inventory Management : Difficulty tracking stock levels led to overstocking some items and running out of bestsellers. Invoicing Delays : Manual invoice creation was time-consuming, leading to delayed payme...