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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
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Where can you find the world's largest residential palace?

A 
The Istana Nurul Iman, palace of the Sultan of Brunei, includes 2,152,782 square feet, 1,788 rooms, 257 bathrooms and a 110-car garage.
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Susi Haviland, REALTOR®, real estate agent and broker for Madison, Wisconsin home listings, property and land for sale - NUMBER1EXPERT(tm)

Susi Haviland
Stark Company Realtors

702 N. High Point Rd.
Madison, WI 53717
608-576-9211
Fax: 608-836-3744
susihaviland@number1expert.com

Susi Haviland is #1 in Residential Sales - she is the 1992- 2009 Sales Associate of the Year! Susi is known for her creativity and boundless energy, and she creates a unique marketing plan for her buyers and sellers. Put Susi to work for you! Call or email her today!

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