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Swampland in Florida. A freshwater swamp in Florida. Swampland in Florida is a figure of speech referring to real estate scams in which a seller misrepresents unusable swampland as developable property. These types of unseen property scams became widely known in the United States in the 20th century, and the phrase is often used metaphorically ...
A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser. A BPO is an informal appraisal. It is similar to doing a CMA ( Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO. A BPO can be either an exterior drive-by or a full interior report.
Multiple listing service. A multiple listing service ( MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
The 30-year mortgage rate dropped to 6.47% as of August 8 — its lowest rate in more than a year, according to Freddie Mac. While this is still a far cry from the 2% and %3 days of a few years ...
Owners at the Surfside condos in Daytona Beach, where a two-bedroom unit is currently listed for $415,000, have paid between $50,000 and $60,000 in assessments to have their building’s concrete ...
2. Ask friends and family for agent referrals. One great way to find a good real estate agent is to ask people in your network if they can recommend one with whom they’ve had a good experience ...
A broker price opinion, or BPO, is an estimate of a property’s value conducted by a real estate broker, agent or qualified realty firm. The real estate professional will consider comparable ...
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