03/17/2026
Buying a home comes with many new terms, and understanding them can make the process much easier ๐กโจ
Principal is the amount of money you borrow from a lender to purchase a property. As you make your monthly payments, part of that payment goes toward reducing the principal, helping you build equity in your home over time ๐
Learning these real estate terms can help buyers make smarter and more confident decisions.
Thinking about buying in Miami? Letโs connect ๐ฉ
Edward Leite
Real Estate Agent
Brickell Brokers Realty
Team Leite Realty Group
๐ (813) 817-7032
๐ง [email protected]
๐ 1111 Brickell Ave, 10th Floor, Brickell, FL 33131
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