Welcome to the Phoenix real estate and homes for sale real estate and mortgage glossary for Gilbert, Chandler, Mesa, Tempe, 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 Gilbert real estate needs or real estate needs for Chandler, Mesa, Tempe, Phoenix, here in Maricopa County, AZ.