Quote:
Originally Posted by fbchristo Thanks Pblais, and all, makes sense, alot like a house but with less yard work! |
Now you have it!
The process is exactly like buying a house. The only real difference is that other "nautical" language is used:
Appraiser = Surveyor
Water in the Basement = Water in the Bilge
etc... etc...
The lending terminology is all the same - escrow, deposit, etc...