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The Veneris-Callan Team, REALTORS®, real estate agent and broker for Downers Grove, Lombard and Woodridge Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
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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Real Estate Trivia
Q 
What structure is regarded as the best surviving example of Pennsylvania Dutch architecture?

A 
The Georg Muller House in Milbach, PA, built in 1752.
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The Veneris-Callan Team, REALTORS®, real estate agent and broker for Downers Grove, Lombard and Woodridge Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

The Veneris-Callan Team
These properties presented by The Veneris-Callan Team of Realty Executives Pro/Team, Downers Grove, Illinois

1001 Ogden Avenue
Downers Grove, IL 60515
Toll Free: 1-800-284-8156
Office: 630-515-9500
Direct: 630-515-4480
Fax: 630-515-0955
Email: veneris@msn.com

John Veneris has been listing and selling homes in Chicagolands' western suburbs for over 25 years. He is the expert when it comes to Real Estate in Downers Grove, Naperville, Woodridge, Darien, Westmont, Lisle, Hinsdale and many other suburban areas. Whether relocating to Chicagoland or moving across town contact John Veneris for professional and friendly service.

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