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We Buy and Sell Panama City Beach & The Beaches of South Walton If you are looking for a new home our property in Panama City Beach, HWY 30 A or Inlet Beach (The Beaches of South Walton), we can be your Real Estate experts. We are experienced with this market, and all aspects of buying and selling in it. We are also happy to provide advice for new buyers, provide many resources that help the buying process go smoothly. We want to be your real estate agents, and we ask you to give us the chance to prove to you that we can help you find the best home for you and your family in Panama City Beach, HWY 30 A or Inlet beach. Buying or Selling a home can be one of the largest events in your life. We want to experience it with you.
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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Who is "Fannie Mae" and why is she a big name in real estate?
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"Fannie Mae" is the real estate industry nickname for FNMA, or Federal National Mortgage Association, the stockholder-owned corporation that purchases mortgages from mortgage lenders. |
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