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Caring Assistance
"We had decided to house hunt in the spring, but Kay felt we should take advantage of the market and pushed us to look in the fall. She listened to our needs and walked us through every step of the search. Before we knew it, we had found a dream house at a bargain and had moved in before Christmas! While initially we resented her persistence, we soon realized Kay has great timing and a thorough knowledge of the market. We are truly grateful for her caring assistance and resourcefulness in selling and buying our homes. She's the Best!"
Georgia Ysselstein
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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 economic factor can make the purchase of a home an excellent long-term investment?
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Home price appreciation can result in a substantial return on the buyer's investment as a house increases in value over time. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
