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The Kim Alexander Group, REALTORŪ, real estate agents and broker for Indianapolis, Carmel and Fishers Indiana home listings, property and land for sale - NUMBER1EXPERT(tm)




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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 celebrity home sold recently for a reported $5.5 million, despite its yellow-and-rust striped paint job?

A 
This Hollywood Hills residence was the former home of the popular singer, Madonna.
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The Kim Alexander Group, REALTORŪ, real estate agents and broker for Indianapolis, Carmel and Fishers Indiana home listings, property and land for sale - NUMBER1EXPERT(tm)

Keller Williams Realty - Indianapolis North

14300 Clay Terrace Blvd. Ste. 204
Carmel, IN. 46032
Toll Free: 866-900-0199
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