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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 
During what months of the year do most people move from one home to another?

A 
Most moves occur between the months of May and September.
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The Omaha Houses Team, REALTOR®, real estate agent and broker for Omaha, Bellevue and Papillion, Nebraska home listings, property and land for sale - NUMBER1EXPERT

The Omaha Houses Team
Prudential Ambassador Real Estate

13340 California Street
Omaha, Nebraska 68154
Direct: 402-496-7499
Office: 402-493-4663
Toll Free: 800-376-3799
Fax: 402-498-2672
Bobbi Leibowitz: Bobbi@OmahaHouses.com
Cathy Blackman: Cathy@OmahaHouses.com

If you are considering relocating, buying or selling real estate in the Omaha metropolitan area and the surrounding suburban areas of: Bellevue, Blair, Elkhorn, Ft. Calhoun, Gretna, and Papillion, you've come to the right place -- The Omaha Houses Team.


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