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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 land did the U.S. Government buy for $7.2 million?
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| A |
In March 1867, the US bought all of Russian America (Alaska) from Russia. |
See More Real Estate Trivia > |
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The Dubinsky Group RE/MAX 22631 Pacific Coast Highway, #173 Malibu, CA 90265 Direct: (310) 488-5910 Cellular:: (805) 444-7044 Email: MalibuDreamEstates@gmail.com
Maia Dubinsky is a licensed real estate Broker with over 22 years of experience in the business. She is proud to have been inducted into the RE/MAX Hall of Fame and consistently achieved the Platinum Club award, one of the highest honors within the RE/MAX system. Maia's track record of success is clear evidence of her dedication and commitment to delivering outstanding results for her clients. Maia also holds a Bachelor's Degree in Business Administration and several financial licenses. This only adds to her knowledge and credibility as an expert in the field of real esate financing and investing. 
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