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Landing Buyers with Solid Real Estate Listings
from:The use of real estate listings is one of the main outlets for placing a property in the public eye. Listings work to describe and promote the property and make it appealing to those in the market for a home, commercial lot or other property type. A well thought out listing is one that grabs the attention of the reader with factual data and more commonly, with the use of pictures. When describing a house, it is common to describe the number of bedrooms and bathrooms. When describing a lot or parcel of land, it is common to mention the location or zoning.
The problem many face with real estate listings is finding a way to put out as much information as possible in a relatively small space. This is often done through the use of abbreviations. However, too much information and abbreviations can be overwhelming in a small space. The balance lies in placing a listing that describes the property and draws out the curiosity of the reader. Some common abbreviations used in real estate listings are:
• br: bedroom
• ba: bathroom
• 3/2/2: three bed, two bathrooms, two car garage
• lr: living room
• dr: dining room
• fin bsmt: finished basement
• A/C: air conditioning
• w/d: washer/dryer
• hdwd or h/w: hardwood floors
• wic: walk-in closet
• sf: square feet
• FSBO: for sale by owner
• HUD: Department of Housing and Urban Development
Other well known descriptions or terms such as convenient to, private/secluded and fixer upper are also commonly used in real estate listings. As many have found, these terms have a broad range of interpretation. Homes convenient to highway accesses can mean a house minutes away from the freeway or a house built next to a noisy overpass. A secluded location can simply mean the property is away from main streets or in a location completely devoid of human civilization. Fixer uppers may require a simple update to plumbing fixtures or the complete addition of indoor plumbing as whole, along with windows, a roof and doors.
The internet has allowed real estate listings to take on a whole new avenue. Even though full color pictures in a newspaper can be very helpful for a listing, current technological advances allow one to go online and see a property from all angles in what is called a 360 degree shot. Prospective buyers of a property can now see the inside of a home or the surrounding area of a lot without ever leaving the comfort of home. This remarkable feature not only means expending less energy driving from location to location, it is especially helpful for those scouting for properties in locations hundreds or thousands of miles away.
Foreclosure Real Estate News
Massachusetts expected to join $26B settlement with major banks - Boston Herald
 Wall Street Journal | Massachusetts expected to join $26B settlement with major banks Boston Herald Regulators have long claimed that lenders broke state laws regarding real estate paperwork during both the housing boom and the subsequent foreclosure mess. Coakley sued the nation's five largest banks and industry clearinghouse MERS Corp. last year ... US, Banks Agree on Foreclosure Pact States, Feds to announce mortgage settlement AG Schuette Joins 40 AGs In Foreclosure Settlement To Help Housing Crisis and ... |
Md. foreclosures since 2006: Almost 50000 - Baltimore Sun (blog)
Md. foreclosures since 2006: Almost 50000 Baltimore Sun (blog) Mortgage firms have foreclosed on about 49600 homes in Maryland since the final days of the inflating housing bubble in January 2006, real estate data firm CoreLogic says. That's about 23 homes per day. Just over 20000 of those completed foreclosures ... States, Feds to announce mortgage settlement |
Drawn-out foreclosures leave homeowners in limbo | The Republic - The Republic
 USA TODAY | Drawn-out foreclosures leave homeowners in limbo | The Republic The Republic “Until we get rid of the backlog in foreclosures, the residential real estate market will continue to be in the tank,” he said. “That affects our entire economy.” Having properties sit in foreclosure for years can also harm neighboring property values, ... Our View: Housing blues Obama Mortgage Refinancing Plan: A Bailout by Any Other Name Obama's Refinancing Plan Means Fee for Homeowners |
Real Estate: National foreclosure settlement delayed, Nevada AG concerned - Reno Gazette Journal
 Bloomberg | Real Estate: National foreclosure settlement delayed, Nevada AG concerned Reno Gazette Journal Ap File BY THE NUMBERS Foreclosure-related filings for 2011 for Washoe County, Nevada and the United States. Filings include notices of default, notices of sale or auction and bank-owned foreclosures. Washoe: 7981 (down 27.3 percent and 27.6 percent ... No Deal Yet For California And Nation's Largest Banks |
Declining US Home Values Forecasted to Slow in 2012, Says Zillow - World Property Channel
 World Property Channel | Declining US Home Values Forecasted to Slow in 2012, Says Zillow World Property Channel According to Zillow's fourth quarter Real Estate Market Report, home value declines in the United States accelerated in the fourth quarter, with the Zillow Home Value Index (ZHVI) falling 1.1 percent during the quarter after posting less significant ... Home Value Declines Pick Up in Fourth Quarter, But Zillow Forecasts Smaller ... Forecast: Drops in Home Values Less Severe in '12 |