Welcome to the Scottsdale real estate and homes for sale real estate and mortgage glossary for Phoenix, Goodyear, Litchfield Park, Mesa, Scottsdale, Phoenix and Maricopa County, AZ areas. Understanding real estate terminology can be of great assistance in buying or selling a home, commercial property, or investment property. In order to help you understand words commonly used in a real estate transaction, I have prepared a list of real estate terms you should become familiar with. Thanks again and be sure to contact me for any of your Phoenix real estate needs or real estate needs for Goodyear, Litchfield Park, Mesa, Scottsdale, Phoenix here in Maricopa County, AZ.