Grasping all the financial arrangements surrounding your home purchase can be a little daunting. As part of our How to Do It series, we demystify one of the most common terms in the mortgage world — and what it's really all about.

Whether you’re selling or buying, every real estate transaction involves legal and financial documents, inspections, appraisals, negotiations and more. If you’re on the fence about whether or not you need an agent, there are key reasons why working with a pro is always a good idea.