Incorrectly Price Your Home – Lose Thousands. Here Are Six Considerations.
July 26, 2010 by Community Admin · Leave a Comment
1. Your home will most likely sell for top dollar when it’s fresh to the market. 2. Buyers buy after they shop around. Buyers are in search of the best buy. If your home is priced too high, it will make the other homes look more attractive. You will be selling the competition. 3. At [...]
The Real Truth about Appraisals!
July 19, 2010 by Community Admin · Leave a Comment
1. Many homebuyers today are writing their offers to purchase subject to the property appraising at or above the sales contract price so they do not miss a good opportunity. 2. The appraiser’s estimate of value reflects the most probable price the property will sell for without special considerations or circumstances. 3. It is an [...]
How to Understand the Different Values on Your Home
July 12, 2010 by Community Admin · Leave a Comment
1. Assessed value also know as property tax value 2. Cost or purchase price – what you paid 3. Insurance value is what your insurance representative says it should be insured for 4. Buyers valuation – what a buyer is willing to pay 5. Salvage value is what a property is worth sold in pieces [...]
The Twenty Questions a Professional Appraiser and Rob Vanovermeire Must Answer About Your Home Before We Can Determine a Value.
July 5, 2010 by Community Admin · Leave a Comment
1. The comparable on the date of sale and future market trend 2. Its value based on location 3. The site/view both looking at the property and looking from the property out 4. The design and appeal of the dwelling’s floor plan and amenities 5. The quality of construction 6. The age of the property [...]
