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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 famous writer's home is Rowan Oak?

A 
Rowan Oak in Oxford, Mississippi, was the home of William Faulkner from 1930 until his death in 1962.
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Marion Filley Team Advantage, REALTORŪ, real estate agent and broker for Wilton, Ridgefield and Westport, Connecticut home listings, property and land for sale

Marion Filley Team Advantage
Prudential CT Realty

101 Old Ridgefield Road, Suite 115
Wilton, CT. 06897
Phone: 203-762-4221
Fax: 203-286-2525
Email: marionfilley@NUMBER1EXPERT.COM

When you are making one of the most important decisions of your life, you want a professional who is committed to excellence. Marion believes there is much more to excellent service than getting you the best price for your house or finding exactly what you are looking for in a home. Marion works tirelessly to not only meet your needs, but exceed your expectations. Prudential Connecticut Realty


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