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Selecting the type of financing you will use is one of the first and most important steps in your real estate purchase.

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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During what months of the year do most people move from one home to another?
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Most moves occur between the months of May and September. |
See More Real Estate Trivia > |
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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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