Real Estate Listing Ads –Comprehension Is Crucial
When a person goes on a hunt for buying or selling a property they will come across various real estate listing ads. There is a lot that a person can learn from a listing ad before they actually even go and check out the property.
Many property buyers admit that the home buying process is tedious, especially when they have to skim through a long list of properties that are worth a visit. There is a need to develop a personal system to target the listings that are worth a visit.
Real Estate Listing Ads include certain clues that reveal details about the property. Highlighted below are certain tips that will help in reading listings and provide an insight to common terminology that will explain what the seller means:
Charming: A misleading adjective, it generally means that the home is old and will charm the buyers with its traditional architecture. Most likely you should expect outdated cabinets and structural issues that can only be revealed through a home inspection.
Needs TLC: Perhaps this is one of the most common terminologies used in real estate ads. This is an open hint from sellers telling the buyers that the home actually needs a lot of work. If you are not willing to invest your time and effort in hiring a contractor to make an extensive renovation, then this type of home is not for you.
Cozy: This usually means that the home is on the smaller side. If you are looking for more space and an upgrade from your condo or apartment this home is not for you.
Original condition: The property is untouched and seller has not done any maintenance since the purchase. You can expect this type of home will need work as soon as you move in.
Convenient: The seller wants to emphasize on how close the property is to beneficial amenities such as a shopping mall or expressway. Beware, as it may also indicate that the property sits just right on the noisiest corner of the street. While it may look attractive to some buyers, there are many who do not wish to live in the middle of everything.
One-of-a-kind or Unique Home: Going creative while buying a home is not recommended. Usually means that the home for sale has a feature that is unusual and might make the property difficult to be resold once you move out.
Before you waste time and energy looking at a home, make sure that it is exactly what you are looking for. Use the clues above to pin point what the seller is actually saying about the listing
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