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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 the world's longest frontier?
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| A |
At 3,987 kilometers (3,987 miles), the border between Canada and the U.S. is the longest in the world. |
See More Real Estate Trivia > |
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Bill Cullin Long & Foster Real Estate Inc 37156 Rehoboth Avenue Ext Suite 5 Rehoboth Beach, DE 19971 302-841-7147 Fax: 302-227-8165 bill.cullin@longandfoster.com
I am a full time, full service real estate agent who will help take care of all aspects of your Buying or Selling processes.I have been the top agent in my sales office for three consecutive years. Put my experience and track record to work for you. 
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