When buying a home in Pooler, Georgia or the surrounding area, you will encounter a lot of real estate terms. It is good to learn the basic ones before jumping into the transaction. This is where a good Real Estate Agent can help you. We would love to earn your business.
One of those terms is Down Payment: Down Payment can be defined as a percentage of the total loan amount made by the buyer at the beginning of a home purchase to show commitment to a transaction. Depending on what type of loan you are obtaining, the down payment amount can vary.