What Does ‘TLC’ Mean in Real Estate? You’d Better Take Care

Buying a home advertised as needing a little TLC shouldn’t be taken lightly. Although TLC is more of a slang word than legal description, real estate brokers typically don’t add the definition to houses that need only a bit of freshening up. They know that buyers search for “TLC” when they are looking for great real estate deals, so they save that definition for properties that require a bit more courage—and cash—to buy and fix up.

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