Friday August 10, 2007 Real Estate - What They Really Meant
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I was looking through the real estate ads in our local paper last night. We aren't thinking of moving, but it's always nice to get an idea of how the market is going in our area. |
There was some wonderful phrases of Real-Estate-speak to describe some of the properties. You've seen them before. "Good fixer-upper", which means that the house is really close to being condemned, but so far, the council haven't forced the issue.
Here's some other examples for the paper from last night. I've also included what they really meant.
- Dramatic terraced gardens - the house is on a very steep hill.
- Tenant occupied. No staging - the owners are not getting out
just because you want to look at their house, and you'll just have to
lump it if you don't like the way they live.
- Cute home - it's a tad on the small side.
- Here's a buyer chance to remodel - see "Good fixer-upper".
- So many possibilities - needs work.
Maybe we should adopt some similar ones to describe software and hardware products.
Nah, it'll never work.
( Aug 10 2007, 11:12:49 AM PDT ) [Listen] Permalink Comments [4]
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I compiled a similar list when house-shopping a few years back: http://actsofvolition.com/archives/2002/may/stevensguideto
Posted by Steven Garrity on August 10, 2007 at 11:49 AM PDT #
Actually it's not necessary true when it is owner or tenant occupied it means the home is not staged. I have redesigned & staged home when it is owner or tenant occupied. Most of the time the owners/tenants are able to keep it staged, with the exceptions where they may be young children or pets where it is more difficult to do so. The seller understands it is important to keep it staged to make it more buyer friendly during touring. If their equity matters to them, they will keep it staged. In the case where it is tenant occupied it is much more difficult to get them agree to do so although I have seen tenants who are very cooperative in regards to the owner's effort to sell.
Cheers,
Cindy
Posted by cindy@staged4more on August 10, 2007 at 02:46 PM PDT #
"Worth viewing" - Not as bad as our photos
"Established gardens" - the trees have deep roots, so do the weeds
"River views" - floods
"Easy maintenance garden" - bricks, concrete and pea-shingle -- unsuitable for real gardeners
"Garden faces south" -- faces between WSW and ESE.
Posted by Philip on August 11, 2007 at 10:30 AM PDT #
My personal favorite was "artists' retreat" for a place near Noe Valley in San Francisco. The two bedroom house had a sunken hot tub in the living room, whole house audio, and fairly dramatic views (lots of stairs to climb to get up to it, with the living room cantilevered over the hill). One bedroom was covered in faux leather (floors, walls) with a camera in the corner and eye-bolts in the ceiling. The other had the CCTV in it, and padlocked wardrobes (though a few items didn't quite make the cleanup). Around the side of the house was the St. Andrews cross. On the way out, I noticed the brass bar 6" off the floor in the breakfast nook - complete with metal scrape marks on it. I'm told a well known Leather Daddy was leaving the San Francisco Scene. The place was definitely being sold by an "artist"...
Posted by 75.25.140.203 on August 11, 2007 at 11:31 AM PDT #