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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.
Real Estate Loans News
Spain's BBVA Said to Seek Bids for Property and Loan Portfolios - BusinessWeek
Spain's BBVA Said to Seek Bids for Property and Loan Portfolios BusinessWeek By Sharon Smyth on May 24, 2012 Banco Bilbao Vizcaya Argentaria SA (BBVA), Spain's second-largest lender, will take non-binding bids for five portfolios of real estate and loans until May 29, two people with knowledge of the matter said. |
Financial News: Henderson Aims To Fill $180B Lending Gap - Wall Street Journal
 Financial News (subscription) | Financial News: Henderson Aims To Fill $180B Lending Gap Wall Street Journal LN) has become the latest asset manager to take advantage of weakness in the banking sector, by launching a pair of real estate debt funds to fill a gap of over $180 billion that has opened in the European lending market. Henderson said in a statement ... Henderson set to launch real estate debt products Henderson aims to fill $180bn lending gap Henderson in two property debt funds, eyes £1bn-plus |
Commercial Loan Firm Offers Financing for Fuel Distributors and Fuel Jobbers ... - PR Web (press release)
Commercial Loan Firm Offers Financing for Fuel Distributors and Fuel Jobbers ... PR Web (press release) Clopton Capital, a secondary market commercial real estate lender which provides commercial loans for income producing properties nationwide, is announcing the expansion and addition of loan options for owners and operators of fuel distributors and ... |
Real Estate Today's Home Loan Requirements - Salt Lake City Weekly
Real Estate Today's Home Loan Requirements Salt Lake City Weekly We pros in the real-estate biz like to say that there are “about five banks left that give out mortgage loans these days.” That statement is not to be confused with the great number of lenders, because many entities can give out home loans (like credit ... |
Soundview Real Estate Partners Responds to Grim CMBS Report - MarketWatch (press release)
Soundview Real Estate Partners Responds to Grim CMBS Report MarketWatch (press release) According to their reporting, the delinquency rate for US commercial real estate loans in CMBS jumped 31 basis points during the month of March, bringing it to 9.68%. The total value of delinquent loans now totals more than $51 billion. |
Terra Firma Capital Corporation Reports First Quarter 2012 Results - MarketWatch (press release)
Terra Firma Capital Corporation Reports First Quarter 2012 Results MarketWatch (press release) "They reflect the momentum we have created in the marketplace and our ability to originate accretive real estate lending transactions, increasing our stature as an alternative lender." "We believe we will continue to grow our loan portfolio, ... |
Commercial Real Estate Loan Company Announces Loan Parameters - SBWire (press release)
Commercial Real Estate Loan Company Announces Loan Parameters SBWire (press release) BridgeInvest, a popular commercial real estate loan company, recently announced updated parameters for its loans which include the loan amount, geography, loan-to-value, term, amortization and more. This company has recently seen success with the ... |