13.2 Financial literacy
Across
- 5. formal written proposal to buy a property at a specified price
- 7. neutral third-party account that holds funds and documents until closing
- 8. ability of a buyer to qualify for a loan before house shopping
- 10. protection against financial loss from defects in the property title
- 11. person who oversees and finalizes the real estate closing process
- 12. document detailing the condition of a property after inspection
Down
- 1. made to show buyer’s serious intent to purchase
- 2. conditions that must be met for a real estate contract to proceed
- 3. legal document that transfers ownership of property from seller to buyer
- 4. agreement by seller to the terms of the buyer’s offer
- 6. revised offer from seller changing terms like price or conditions
- 9. legal ownership rights to a property