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Attorneys
Brown, Brown, Solt & Ferretti
Robert Brown or Collins Brown
610-433-6771
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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| Q |
What is the largest city square in the world?
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| A |
Located in Beijing, China, Tianamen Square, called the "Gate of Heavenly Peace", covers 98 acres. |
 See More Real Estate Trivia > |
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 The
data relating to real estate for sale on this web site comes in part from the
Internet Data Exchange of the Lehigh Valley Association of REALTORS Multiple
Listing Service. Real Estate listings held by brokerage firms (licensees) other
than Keller Williams Real Estate are marked with the IDX logo and detailed
information about them includes the name of the listing brokers. The
information being provided is for consumers personal, non-commercial use and
may not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing. |
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- NUMBER1EXPERT™ 
