The Handy-Dandy Real Estate Terms Decoder |
This decoder, compliments of Cathy and Bob, could come in handy when you're reading the descriptions of potential houses and trying to figure out what they could really mean?
DESCRIPTION
Cozy
Potential
Charming
Classic
Vintage
Just Reduced
Priced to Sell
Secluded
Move in Ready
Up and Coming
Motivated Seller
As Is
REAL MEANING
Tiny and no natural light
Better triple your line of credit
No updates in 25 years
No updates in 50 years
No updates in 75 years
First crazy price didn't work
Second crazy price didn't work
In the boonies
Previous owners just left
Weeds are up/gardener not coming
No offers yet
You can ask but seller's not paying