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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.
The McDonald Team RE/MAX of Higgins Lake 4544 West Marl Lake Road Roscommon, MI 48653 Toll Free: 800-944-3559 Office: 989-821-6208 Fax: 989-821-8736 Email: dennisanddale@NUMBER1EXPERT.com
Experience, knowledge and integrity are the foundation of our business.
Dale McDonald, Dennis McDonald, Jeri Ann Janisse and Sandy Meyer, working as a team, are committed to assuring that every client receives the attention they deserve. With more than 25 years of experience in the Higgins Lake, Houghton Lake and Roscommon real estate market, we have a wealth of knowledge that is unmatched in our area. Customers and clients can depend on us for honest, accurate information about our community and competent advice in buying or selling real estate. Dale and Dennis have owned Re/Max of Higgins Lake since its inception and take great pride in the many referrals received from past customers and clients.
Call or e-mail us today. We look forward to hearing from you.
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