A tenet of living the American Dream is the ideal that every US citizen should have an opportunity to achieve success and prosperity through hard work, sacrifice and perseverance. When it comes to the different aspects that make up this dream, what might be considered one of the biggest is homeownership. Who better to check this off their list than our brave military veterans? The men and women who earn the honor of being called veterans have served us as a nation, and it is important that they and their families reap the benefits of such a selfless job. 

The question is usually "What comes first, the chicken or the egg?" but in real estate many times it’s a question of, "What comes first, the buy or the sell?" 

You've decided that you are ready to sell your current home and buy a new home, but you aren't quite sure where to start. Do you buy a new home first and then sell your current home? Do you sell your home first and then buy a new home? Or are you the adventurous type that does both at the same time?

Selling a home involves not only a list of steps, but plenty of industry jargon related to those steps, too. We thought you might be interested in learning the meaning of the real estate related terms that you will inevitably come across while selling your home.

1. Comparative Market Analysis (CMA) - This is an evaluation of similar, recently sold homes in the same area as your home. A CMA provides the current market value of your home and is prepared by your Realtor® when pricing your home.