Monthly Archives: May 2012

“This tiny piece of land is the result of a dispute between a former owner, the David Hess estate, of Philadelphia and NYC.

Hess owned the Voorhis apartment building at that corner which had been condemned to build a subway line. The estate refused to surrender a remaining triangle, 500 square inches, the smallest piece of private property in the city. In 1938 they sold the plot to Village Cigars for $1,000.”

 

New York City Estate Includes a Tiny Triangle of Land
THE smallest piece of real estate upon which taxes are paid in New York City is the Greenwich village curiosity left in a sidewalk.
Compare the size of this bit of property to the hand pointing it out. Property of the Hess estate on Sheridan square, this little triangle remained after the Seventh Avenue improvements and subway extension work was done.

The estate hasn’t sold the plot to the chain cigar store which owns the property adjoining the sidewalk in which the Hess property is retained.
source NewYork Daily

 

Real Estate Jargon What does it really mean?

  • Old charmer – an old and ugly house
  • Stunning house – the house is not ugly
  • Cozy – Small
  • Tudor – two bedrooms are in the attic which is not insulated; very hot in summer and very cold in winter
  • Corner lot – No privacy no backyard
  • Easy freeway access – noisy street close to freeway
  • Low maintenance lot – no landscaping maybe some grass.
  • Meticulously maintained in the original condition –House was built in 1960 so were the appliances.
  • Ready to remodel –Money Pit
  • Newly remodeled kitchen – 50-year old cabinetry and faucets have been replaced with cheap modern equivalents
  • Ready to move in – the interior has been painted with one coat of cheap paint
  • Desirable neighborhood – this little house is extravagantly overpriced because the neighborhood has a snobbish reputation
  • 1 car garage – you can drive your Ford Escort into the garage but there is no room to open the door
  • In-city living – Good Luck parking your car
  • Recreation room with wet bar – basement has been painted and has a faucet
  • Large family room – large basement
  • Bedroom in basement – basement has a 1′ by 2′ window and closet which legally does not qualify as a bedroom.
  • Lots of storage space – basement too small to be called a family room
  • Partial ocean view – If you go to the upstairs bedroom and stand on a chair you can see the ocean in a distance over the homes and trees.
  • Territorial view – good view of your neighbor’s bedroom window
  • Build sweat equity – say goodbye to your weekends and evenings for the next ten years.
  • Storybook – the house is old and the roof is not flat
  • Efficiently designed kitchen – the kitchen is too small to fit two people at the same time
  • Seasonal creek – muddy ditch across the property
  • Usable land – all the trees are gone.
  • Doll-house – tiny place filled with ugly knick-knacks.
  • Country living – too far from anywhere to drive to work decorated with lots of roosters
  • Country in the city – a grotesquely overpriced large lot with a 2 bedroom house built before World War I
  • Three season sunroom – a small addition the owner did not have enough money to insulate
  • Close to all amenities – the backyard is a schnuck’s parking lot.
  • Beachfront property, complete remodeling in 1996, a steal at this asking price – hurricane Andrew motivated the remodeling; no hurricane insurance available, at any price
  • Must see inside – the outside is ugly
  • Motivated sellers – Agent decided to put this on the listing so you would actually look. Good luck getting a price reduction.
  • Wildlife nearby – children and pets get ticks and fleas and forget about planting flowers they will be eaten.
  • Near transportation – Metrolink goes through the backyard, every 15 minutes, day and night
  • Pet friendly neighborhood – organic matter constantly deposited in the front lawn
  • Neighborhood watch – your next door neighbor has binoculars trained on your house
  • Just available – previous owner just died on the premises, hope you don’t believe in ghosts
  • Short Sale Opportunity- The last owner bought the property at inflated price and can no longer afford teh payments.
  • Foreclosure- Paperwork Paperwork Paperwork and you must love a great mystery.
  • Quiet Neighborhood- Retirement community
  • Needs Some TLC – See ready to remodel
  • Won’t Last – Look at the days on market
  • As Is – Owner has no money
  • Discount Agent – Agent who puts home in MLS and puts a sign in your yard. You will not see this agent until its time for his commission check.
  • Gentle Slope – Edge of a cliff
  • Professional Landscaping – Paid someone to cut the grass
  • Vintage décor – Out dated think  yellow shag carpet and avocado appliances, and mustard or pink bathrooms.
  • Mature Landscaping – Bring your chainsaw
  • Price AdjustmentOverpriced to begin with.
  • Price Reduced to Sell – DUH see price adjustment
  • Priced to sell – Really ? thought we priced it to keep it

Real Estate Jargon

Naked Real Estate Agent/Home Owner

Naked Real Estate Agent/Home Owner

If you would have told me I would not believed you. This once again is a real listing in Atlanta. The agent/homeowner taking pictures of the bathroom. People mirrors do reflect and what person thought it would be ok to ad this to a listing.