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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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| Q |
What is the world's longest wall?
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| A |
The Great Wall of China, at a length of 2,150 miles, nearly three times the length of Britain. |
See More Real Estate Trivia > |
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Deb Paton-Showley Group Coldwell Banker Roth Wehrly Graber 2580 Walton Blvd. Warsaw, IN 46582 Direct: 574-268-3438 Fax: 574-267-4443 Mobile: 574-527-6022 dshowley@cbrwg.com psghomeinfo@dishmail.net
We pride ourselves on serving our clients to the best of our ability. We are proven experts in lake properties, new construction, residential, and lots & land for Warsaw, Winona Lake, Syracuse, Leesburg, and all of Koskiusko county. We specialize in selling homes on Lake Wawasee, Lake Tippecanoe, Syracuse Lake, Webster Lake, Barbee Chain of Lakes, and Winona Lake. We also specialize in custom homes located in Shadow Lake Estates and Eagle Crest Development in Warsaw, IN. Relax, at Paton-Showley Group, we do the work for you! Give us a try today. 
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