While reading through real estate listings, you often come across some descriptive language. Real estate agents utilize terms that sound appealing but should raise a red flag.
“A real estate agent wants make their home listing sound as attractive as possible in order to attract buyers,” says Dustyn Shroff, Vice President of GreatFlorida Insurance, Florida’s largest independent homeowner’s insurance agency.
“One way to do this is by finding euphemisms to throw the most flattering light onto a home-and sometimes obscure a home’s flaws,” explains real estate website, Realtor.com.
The following are some common real estate listing terms and their translations to help you become a savvy shopper.
Charming or Tons of character
This is often code for “old” and it would be in your best interest to check the plumbing and appliances.
Custom, Unique or Artistic
Count on this home having a very specific style and set of features, it could also just be weird.
As is or Cash Only
These terms can often come up on foreclosed homes. It translates to the home is in bad condition and the owners cannot afford renovations. It will also remove your negotiating power.
“Keep in mind, Florida foreclosures are a judicial proceeding and could take a year or more to complete,” reports Buck with GreatFlorida Insurance, Florida’s leading independent homeowner’s insurance agency.
Up and coming neighborhood, Trendy or Hip
You are expecting to see cool shops and cafes around the corner but you discover that is a future forecast for the area. A good idea would be to check the local crime statistics.
Great potential
Prepare for a mess, meaning renovations that could range from cosmetic to total tear down.
Cozy
This term is positive and will make you feel all warm inside, but it means very small.
Natural Landscaping
Get ready to see no landscaping. It is most likely a yard jungle.
Secluded, Private, Retreat, Quiet
The house will probably have a long commute to work and the grocery store.
Convenient to Shopping
This home is located on a busy street or high traffic area.
Well-Maintained
Well-maintained sounds like a compliment but according to, Wired magazine, “It usually means the home is old but not quite falling down.”
Contact GreatFlorida Insurance, if you are looking for homeowner’s insurance. Get a quote as soon as your contract is signed. We can help you finalize the details well in advance of your closing date.
