Questions from the 9/8/16 Webinar

[Gabriella Pleasant]

Hello everyone,

I attended the webinar but due to the time constraints I wasn't able to have most of my questions answered. So since I'm so new to this some of these questions will probably be pretty basic. I'm reading the Beginner's Guide book but so far these particular questions haven't been answered (I'm focusing on the How to do Investing with No Money and No Credit section). If the guide book does answer one (or more) of them, please ignore it if it's irritating to have to answer again. 

1. What does MLS stand for?

2. What is an MLS number?

3. How do I find out a home's annual property taxes? Is that on the City's website or some branch of the local government's?

4. What is PMI?

5. Where can I find the hard numbers for the fluctuations in real estate value for my area?

6. The speaker said "When you make a deal, you don't necessarily need to give Earnest Money." What is "Earnest Money"?

7. What is an Inspection Contingency?

If someone out there can answer one of these I would greatly appreciate it. Thank you!