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Bargain Properties >Less Than Market Value
Real estate ads are sprinkled with terminology that often puzzles consumers who don't have applied knowledge of housing industry lingo. Internet homebuyers find that information about properties is often presented in abbreviated form or unfamiliar language. Shedding a little light on some basic real estate terms may help you locate a home that is available at a very affordable price.
'MLS' refers to the Multiple Listing Service, which is the national database of listed homes for sale. Some real estate web sites allow homebuyers to preview local listings that appear on the MLS. If you see a real estate ad for a "FSBO", it means that the property is for sale by the owner, who is declining the services of a Realtor. A home listed "As-is" is being sold in its existing condition. A "bargain sale" home is priced at less than its market value, and a "fixer-upper" is priced low because it needs refurbishing.
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What is considered one of the key elements of the American dream?
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Home ownership is considered to a key to the American dream; more than 2 million first-time buyers bought property last year. |
 See More Real Estate Trivia > |
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Real Estate Internet
Warning:
Despite advertising claims to the contrary, the Internet is not
an experienced Real Estate Professional. It cannot consult, counsel, advise,
and have knowledge of local laws and market conditions, make judgments, "own"
the result, or most importantly, understand your individual goals and needs and
care about you as a Client. To obtain an accurate interpretation of any
information you're receiving online.
Please contact me at
866-770-JODI |
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Why choose an agent that is an
e-PRO?
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- NUMBER1EXPERT™ 
