Shopping For Real Estate In The Hight of The Real Estate Crash

My friends have decided to take advantage of the real estate crash and buy a home. This is what I have learned from shopping with them.

Key Real Estate Terms & What They Mean

• TLC : This abbreviation should mean, Tender Loving Care but in this market it means, tear down and rebuild.
• A Real Gem!: Something is really really wrong with this house. It could have black mold or maybe a cesspool.
• Unknown: Unknown is a legal way of saying Yes without putting off potential buyers. unknown gets really scary when talking about septic systems or leans.

This entry was posted on Wednesday, November 21st, 2007 at 4:03 pm and is filed under Photography. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.