“Fixer-Upper”, “Good Bones”, “Property Brothers” – just a few of the TV shows that have hit the HGTV world by storm and made many potential homeowners start asking the question, “Am I ready for a Fixer-Upper?” I’ve posed the question to local REALTORS® and veteran ‘flippers’ and they have some very valuable advice.

Having a basic understanding of important real estate concepts before you start the homebuying process will give you peace of mind now and could save you a fortune in the future. Here are ten real estate terms you should know before you start looking for a home.