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Real Estate Tips
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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Real Estate Trivia
Q 
What unique contribution did the town of Flushing, New York make to the American home?

A 
The flush toilet was invented in Flushing.
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The Craven Group, REALTOR®, real estate agents and broker for Carrollton, North Dallas and Frisco Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Craven Group
RE/MAX DFW Associates III

3032 E. Hebron Pkwy #102
Carrollton, TX. 75010
Phone: 972-389-2128
Fax: 972-389-2197
Email: stevecraven@NUMBER1EXPERT.com


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