|
|
Are Fractional Shares For You?
Fractional shares (“fractionals”) are sometimes confused with other vacation property options, such as time shares and condo hotels. While there are similarities, there are a number of things that make fractional shares unique, and thus suited for...
Determining Your Home's Value
Determining your home's value, and setting a price, is probably the most important step in selling your home. Why? Because if your home is overpriced for your area, no matter what the cost of improvements that you have made on your house, buyers...
PROPERTIES FOR SALE IN CYPRUS - PLEASE VISIT www.propertyincyprus.com
BLUE SKY PROPERTIES IN CYPRUS work closely with a wide range of real estate professionals within our group of companies This allows us to assess your individual needs independent of pre-selecting any area or town. Our goal is to provide sound...
"Subject To" Real Estate Deals Explained
"Subject To" real estate financing is fairly new on the real estate investing scene, mainly because many investors don't know what it is.
"Subject To" financing actually can be a win-win situation for both the seller and the buyer/investor if...
Vermont Real Estate – The Independent State
Vermont has always been a state sticking to independent principles. Tucked away in the Northeast, Vermont real estate is a very good deal.
Vermont
From the first day of existence, Vermont has always had a major independent streak. The first...
|
|
|
|
|
|
|
|
Getting An Appraisal On Your Home Or Property
Getting an appraisal done on your home or property is one of the first things you want to take care of when you decide to sell. Just because you think you have some idea of what your home or property is worth, the dollar amount that you come up with is most likely drastically different from the dollar amount that a professional appraiser would come up with.
An appraisal on your home is basically a professional opinion of the worth of your home or property from someone who is trained to analyze such things. Small factors such as a sun room, porch or deck, number of bathrooms and whether they are whole or half bathrooms are all factors that play into the net worth of your home. Good appraisals also take neighborhood characteristics into consideration, such as proximity to local schools, hospitals, and grocery stores. Especially when families are concerned, convenience is something that people are willing to pay for, and the closer a property is to these things, and the better quality of the schools, markets, etc, the more value added to your home in that respect.
An appraisal is a professional opinion and is to be respected, but keep in mind that it is just that--an opinion. Opinions are not set in stone, no matter who they come from whether it be your disapproving mother, a circuit court judge, or a professional appraiser. If an appraisal is too high or low, a bank or mortgage company may reject the estimate, there by causing problems and delays for your prospective home buyers, yourself, and any body else that is involved in your real estate transaction.
Depending on the nature of the property, a professional appraiser
may take one of several approaches to determining the value of your home. The cost or replacement approach is, in essence, a determination of what the home would cost to rebuild should it burn to the ground. This includes everything; your windows, porch, pool, and even any money you have invested into your landscaping, yard or garden are all taken into consideration. The comparison approach to the appraisal takes into consideration all of the houses that are similar to yours that have sold in your particular area in a given set of time, usually the last six months.
From there, the appraiser adds value and takes away value in accordance with the specifics to your home. If you have a basement and most of the other homes similar to yours that sold in the past few months didn't have basements, the appraiser would be able to estimate the value that having the basement adds to the property. If everyone on the block with homes similar to yours had basements, but theirs are finished and yours is not finished, or partially finished, then the appraiser should have some approximation of how much value to take away from the house in accordance with that. The last approach is the income appraisal approach, and it is used more commonly when commercial properties are in question.
About The Author
Richard Rigor sells residential real estate in Birmingham, Alabama. As a REALTOR and mortgage consultant, he can help you in the buying and selling process. http://HomeBuyersReview.com | http://HomeSellersReview.com
|
|
|
|
|
Real Estate, Property, Land and Homes for Sale, lease and rent ... |
Comprehensive real estate and property listings. Includes information on buying and selling, tips on building, an auction timetable and other helpful ... |
www.realestate.com.au |
  |
Real Estate | Homes for Sale | Houses for Sale | MLS Listings ... |
RealEstate.com provides home listings , homes for sale , REALTORS , house listings , apartment locating services. We have Florida real estate , Texas ... |
www.realestate.com |
  |
REALTOR.com: Real estate listings & homes for sale |
Search for a new home or find mortgage rates, real estate agents, and relocation services throughout the US, Canada, and Puerto Rico. |
www.realtor.com |
  |
Real Estate on Yahoo! Real Estate - Homes, Mortgage Rates, School ... |
Yahoo! Real Estate is the most comprehensive place for real estate, housing market information, school reports, local mortgage rates and more! |
realestate.yahoo.com |
  |
Find Your Home Value, House Values and Prices on Yahoo! Real Estate |
Yahoo! Real Estate - Free instant home values and comparable home valuations for millions of houses. Check your home's price or any house value. |
realestate.yahoo.com |
  |
Real Estate, Houses for Sale, Rentals, Commercial and Businesses ... |
Real Estate, Houses for Sale, Rentals, Commercial and Businesses for sale at Realestate.co.nz. |
www.realestate.co.nz |
  |
Real Estate - Buy, Sell or Rent a Home - New York Times |
Online real estate listings for properties in New York and nationwide. |
www.nytimes.com |
  |
Century 21 Real Estate Agents and Brokers |
Agency with franchised offices throughout the United States, Canada, Europe, Latin America, the Middle East and Asia. Find local offices and agents, ... |
century21.com |
  |
Zillow - Your Edge in Real Estate |
Zillow provides a free Home Valuation Tool for Real Estate enthusiasts. Whether you're an agent, broker, buyer of investment property or first time ... |
www.zillow.com |
  |
STLtoday - Homes |
Real estate agent revels in the boom in downtown St. Louis living ... [more real estate news as seen in the St. Louis Post-Dispatch] ... |
www.stltoday.com |
  |
Real estate - Boston.com |
Boston Real Estate - Search the Boston Globe and Boston.com for Massachusetts Real Estate, Boston Condos, Land for sale, Vacation Rentals and more. |
www.boston.com |
  |
ABCs of Real Estate |
Real Estate ABCs consumer tips, hints, and resources for home buyers, sellers, and mortgage borrowers. |
www.realestateabc.com |
  |
washingtonpost.com - Washington DC real estate, Maryland real ... |
Washington, DC, Virginia and Maryland homes, real estate news and headlines. [Registration required] |
www.washingtonpost.com |
  |
Coldwell Banker Real Estate Corporation |
Real Estate from Coldwell Banker ®. Buying a home, selling a home, or finding a real estate agent is easy with Coldwell Banker. Find a home, sales associate ... |
www.coldwellbanker.com |
  |
Detroit News Online | Real-Estate |
Sellers around the state have been frustrated with the slow sales patterns of Michigan real estate over the past year or two. But buyers have been enjoying ... |
www.detnews.com |
  |
Newsday.com - Long Island Real Estate for Nassau County and ... |
In a real estate market increasingly defined by niches, ... Real Estate Resources. Search by school district for recent home sales in Nassau and Suffolk ... |
www.newsday.com |
  |
Real Estate for Sale, Rent and Share @ Domain.com.au |
Real Estate for Sale, Rent and Share @ Domain.com.au. Houses and apartments for sale or rent all over Australia. Thousands of properties in Sydney, ... |
www.domain.com.au |
  |
Luxury real estate news and features - Forbes.com |
Luxury real estate news and features at Forbes.com. Core topics include real estate, mansions, condos, co ops, oceanfront realty, second homes, ... |
www.forbes.com |
  |
Real Estate News - Prices, Mortgages, and Calculators from CNNMoney |
Latest on mortgages, refinancing, & home tips from CNNMoney.com. Calculators for refinancing, mortgage payments and more. |
money.cnn.com |
  |
Los Angeles, California, national and world news, jobs, real ... |
Los Angeles' leading online source for local, state, national, world, entertainment, and sports news. Plus jobs, real estate, cars and shopping information ... |
www.latimes.com |
  |
|