Tag Archives: Thomas & Company

Real Estate Terms….What They Really Mean!

Real estate has a language all of its own! While realtors can read between the lines, many home buyers are confused by the unfamiliar phrases they see on property descriptions. Understanding what these real estate terms really mean will help you know what to expect before walking through the front door.  Here are a few of the most frequently used real estate terms you might come across:

 

Sold As-Is – The seller won’t do any repairs; what you see is what you get.

Cozy or Charming – Think very small; the home may be cute or have character, but it is not spacious.

Hidden Gem – A diamond in the rough; a great opportunity for a buyer willing to do minor updating or repairs before moving in.

Investor Special – The property needs extensive repairs and updates in order to be livable.

Lives Large – The actual square footage may be small but the floorplan maximizes the space and makes it feel larger than it is.

Location, Location, Location – Home is within a desirable neighborhood, likely in close proximity to popular amenities, major roadways, parks, or schools.

Lovingly maintained – This usually means the home has a long time owner who kept the home in good condition, although it probably needs updated.

Mature Landscaping – Shrubs and trees need pruning or possibly replaced.

Motivated Seller – Signals that the owner wants to sell their house quickly or has received no offers and may be flexible on their list price.

Move-In Ready – Neutral décor, updated, no additional work is necessary for the house to be habitable.

Open Plan – Typically means that the great room and kitchen are adjacent and not separated by any walls.

Priced to Sell – Seller has initially priced the house low and is likely not willing to negotiate much off their list price.

  

Hope this helps you to decipher the language of real estate!  If you want to see a home after reading the description, reach out to me or any of the other great agents on our Thomas & Company team! 

 

Until next time,

 

  

       

3 Reasons You’ll Love With This Lambton Park Home Listing in New Albany, OH

Stannage New Albany 1Are you looking for a gorgeous and stately home that commands respect the second you pull up to the driveway? Do you want to live in a residential neighborhood that boasts a strong sense of community – not to mention a great location near public schools?

If so, then we encourage you to check out our new home listing at 3994 Stannage Pass in New Albany.

Located in the Lambton Park neighborhood, which is located close to the New Albany Country Club, this home truly has it all!

Continue reading to discover the top three reasons why you’re sure to fall in love with this property.

Why New Albany Home Buyers Will Love This Property

Stannage New Albany 2This gorgeous, all-brick 10,825-square-foot estate home is sure to go under contract soon. After all, consider all that it has to offer!

Here are the top three features buyers will love about this home:

  • This home sits on 0.96 acres, giving residents plenty of privacy and tranquility.
  • It’s living room is perfect for entertaining, complete with built-in shelves and a gas fireplace.
  • The finished lower level offers media room, full kitchen, 1200 bottle wine room, gym, 5th bedroom suite and huge storage area.

More than that, however, this home also boasts deluxe bathrooms, a four-car garage and gorgeous backyard views.
Other amenities that will impress residents include:

  • Hardwood floors
  • Gourmet kitchen
  • Expansive bedrooms
  • Subzero/Wolf appliances
  • Fully-stocked butler’s pantry
  • Coffered ceilings
  • Private deck off master suite
  • Spacious walk-in closets

What’s more, this home is served by the New Albany Plain Local Schools District, which is award-winning and nationally ranked.

Is This The New Albany Home You Want to Own?

Stannage New Albany 3This home truly one of New Albany Country Club’s most remarkable homes!

If you’re ready to take that next step toward making it your own, please make sure to connect with us, Thomas & Company.

We’re your dedicated New Albany, Ohio, real estate experts and we would be happy to help you at every stage of the home buying process.

Until next time,

Thomas & Company