SmithFineHomesAtlanta A Appraisal: A document of opinion of property value at a specific point in time. B Buyer’s agent: This is the agent who represents the buyer in the home-buying process. On the other side is the listing agent, who represents the seller. C Contingency: A provision in a contract requiring certain acts to be completed before the contract is binding. D Direct home-selling costs (DHSC): Carrying costs, loss on sale, repairs and improvements, commission, closing costs, principal, interest, taxes and insurance, interest on equity loans, and utilities. E Escrow account for real estate taxes and insurance: An account into which borrowers pay monthly prorations for real estate taxes and property insurance. F Fee simple: A form of property ownership where the owner has the right to use and dispose of property at will. G Good faith estimate: Under the Real Estate Settlement Procedures Act, within three days of an application submission, lender...