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Articles, tagged with "comparable sales"

Ut Homes For Sale -How To Pick A Utah Real Estate Agent - By Anne Johnson

29th September 2009
When looking for Ut Homes For Sale and Buying a Utah home you'll be money ahead to pick the right agent FIRST!Of if you are looking to sell your home in Utah, read on.....The decision to buy or sell a home in Utah is one of the most important financial de... Read >
Author: Anne Johnson

Fraudulent Appraisals and the Foreclosure Process

21st September 2009
Without question, one of the enablers in many fraudulent mortgage lending schemes has been a crooked appraiser willing to give a property any value that the Realtor, mortgage broker, or lender wanted. The real estate bubble could not have been inflated to... Read >
Author: Nick Adama

How to Avoid Appraisal Problems in the Sale of Your Home

16th September 2009
Before you sign a contract to sell your home, check to see if the purchase offer depends on financing. Look for a clause which states that the offer is contingent on your home's appraisal done by the buyer's mortgage lender. This clause causes many home s... Read >
Author: a

Selling in Sin City

07th September 2009
Selling home in Vegas is a different situation. It doesn't constitute the same requirements as other states because of their uniqueness. If you have a plan to sell your home in Las Vegas, the primary step that you must take is to get hold of a comparat... Read >
Author: Richard Hewitt

FreedomSoft From Preston Ely - Here's What You Should Know

27th August 2009
Preston Ely will be launching his brand new advanced wholesaling software for real estate investors in January 2010 - FreedomSoft The hype surrounding FreedomSoft is already everywhere. The guru's are promoting it and the buzz is huge. Preston has go... Read >
Author: Brandon Modrov

Mistakes You Should Avoid When Selling Your Home

10th August 2009
As the saying goes, “home is where your heart is”. There are tears involved when selling a home for it hold precious memories they cannot let go of. Maybe their childhood dreams were made and formed in their homes. Maybe this is where they met their f... Read >
Author: F. Morgan

Investing In Foreclosures

10th August 2009
Oh, yes, I want to acquire a foreclosure at 50% of Market Value, change the locks and put a real estate sign in the front yard and make a ton of money in 30 days. Oh yeah, I don’t want to put a penny of my money into the deal either! Well, everybody wa... Read >
Author: June G

How to Put in Writing Offers to Acquire REO Properties

01st August 2009
Lots of savvy home buyers and investors want to hit the top prize and procure that REO foreclosed home many of which are often under-priced. With the REO market continuing to climb for the next 4 to 5 years before there is some relief, many of the banks p... Read >
Author: Darnold Arnold

Comparable Sales ? Units of Measure

01st August 2009
Comparable sales are routinely utilized to develop an opinion of value using the sales comparison approach, one of the three primary approaches to valuing real estate. (The two other primary approaches are the cost approach and income approach.) In some c... Read >
Author: Patrick OConnor

Short Sale Approval: Essential Tips to Prevent Foreclosure

16th July 2009
Obtaining short sale approval from mortgage lenders is a lengthy and complex process. Borrowers are required to work with a loss mitigator who will assist them throughout the process of short selling. Mitigators are usually employed by mortgage lenders; h... Read >
Author: Simon Volkov

How to Avoid Appraisal Problems in the Sale of Your Home

12th July 2009
Before you sign a contract to sell your home, check to see if the purchase offer depends on financing. Look for a clause which states that the offer is contingent on your home's appraisal done by the buyer's mortgage lender. This clause causes many home s... Read >
Author: saratbdaniel

Foreclosures, Short Sales, and Fraud

05th July 2009
When homeowners in foreclosure run out of options that would let them keep their homes, many decide to sell. The problem they run into, though, is that they owe more on their home than it is worth, and no potential buyer is willing to pay tens of thousand... Read >
Author: Nick Adama

Business Valuation / Business Enterprise Appraisals

28th June 2009
Business valuations are performed using methodology similar to the process for real estate appraisals. However in business valuation, the data sources are different. Further, there are nuances in the form of analysis. Reasons for business valuation eng... Read >
Author: Patrick OConnor

How Do You Find a Properties' Current Market Value?

16th June 2009
One of the most important aspects of deciding if a property you are thinking of buying is a "good deal" or not, is the ability to determine the current fair market value of that property. Note that I said "CURRENT" fair market value. The market we present... Read >
Author: Michael T. Perry

Benefits of Temecula Home Mortgage Broker

12th June 2009
Using the services offered by a Temecula home mortgage broker offers an advantage in securing a loan to purchase southern California property. Repeatedly fluctuating property costs cause doubts in the market and can be confusing for a potential buyer. By ... Read >
Author: Cory Rocha

California Investment – Cashing in on the Gold Rush of Real Estate

11th May 2009
California investment real estate has become increasingly popular amongst investors. With home prices dropping by as much as 30-percent in some areas, California real estate is finally affordable for investors. Over the past twenty years, the Californ... Read >
Author: Simon Volkov

Know Your Comps: Get a Great Deal

27th April 2009
The real estate market bubble has burst and home seller and buyers are battling throughout the United States. Home sellers are left with properties they can not sell. Home buyers have more choices and more room to negotiate than ever before. The key to fi... Read >
Author: Troy Fullwood

How do you buy foreclosed properties?

15th April 2009
You find a foreclosed home in your area. What next? There is a sign on the property. Should you call the listing office? Pricing on a foreclosure/REO/ bank-owned property needs to be right. At this stage, you need to find a local realtor who know... Read >
Author: Chez Christian

Residential Appraisals and Collateralized Debt Obligations

10th April 2009
There are three methods of appraising the resale value of residential real estate: the comparative-sales approach, the cost approach, and the income approach. The comparative-sales approach uses recent sales of similar properties in the market because com... Read >
Author: Robert Bell

Wholesaling Houses - 3 Easy Tips to Get You Started

19th March 2009
Wholesaling properties can be easy and can be hard. It just depends on some simple principles. This article will help to get you started on learning to wholesale properties with 3 easy tips. Before we get stared we need to answer the questions: What ... Read >
Author: Roisann

Pricing is the Key to a Quicker Home Sale

03rd February 2009
What makes one home sale go quickly while other homes linger on the market for months? The answer is usually price. Determining a home's worth is a tough question these days. For many, it is difficult to reconcile what their home is worth today versus w... Read >
Author: Robert Palmer

Home Values Keep Some From Refinancing

09th January 2009
Will home values reduce a potential refinance boom to a whisper? Lower mortgage rates have spiked the volume of new applications but, estimates for the fallout of refinance applications are ranging from 50% to 65%, due in part from lower home values. B... Read >
Author: Rick Smith

Buying A House - 12 Methods For Taking Advantage of Real Estate Agents

09th January 2009
Discover 12 ways to signal your real estate agent for the best results prior to buying a house. You've probably heard home buyers routinely complain how their agent didn't do enough while they were buying a house. In truth, most buyers don't know what ... Read >

Geographic Micro-Markets in Real Estate

08th January 2009
When seemingly endless statistical reports show steadily declining home values, it is essential to analyze geographic micro-markets to properly assess the value of residential properties. Although many media and data tracking sources will often cite natio... Read >
Author: Brian S. Icenhower

About the Real Estate Flipping

06th January 2009
Many people like buying the turn-key homes, because everything of the houses is new, sparkly and fresh, including the appliances. If the price is in line with the comparable sales in the neighborhood, it doesn't matter, really, how much the investor ori... Read >
Author: yangguang02

Fundamental House Value, What Are Houses Really Worth?

05th January 2009
The fundamental value of all housing prices is equivalent rents. Rents define the fundamental value of real estate because rental is a direct proxy for ownership; both rental and ownership provide for possession of property. Most people believe comparable... Read >
Author: Robert Bell

10 Tips to Pricing Your Home in a Down Market

03rd December 2008
As a Realtor, one of our biggest frustrations is dealing with the unrealistic expectations of a seller. Sellers are notorious for overpricing their homes. The market is saturated with thousands of properties that will never sell without a price adjustmen... Read >
Author: Marc Rasmussen

Making an Offer

02nd December 2008
Finding the home of your dreams is something most people try to attain. In order to accomplish this goal it is advisable to hire a licensed real estate agent who is familiar with the area in which you want to live. A realtor can help you look through ne... Read >
Author: Lou Lynch

Making an Offer

02nd December 2008
Finding the home of your dreams is something most people try to attain. In order to accomplish this goal it is advisable to hire a licensed real estate agent who is familiar with the area in which you want to live. A realtor can help you look through ne... Read >
Author: Lou Lynch

My House is Worth How Much ?????????- You Gotta be Kidding !!!!!!!!!!!!!!!!!!

01st December 2008
If you own real estate on Lummi Island, Lake Whatcom, SuddenValley, Geneva or south of Lakeway Drive in Bellingham, you recently received a notice from the Whatcom County Assessor that your property is worth more than it used to be. Since real estate in t... Read >
Author: Rich Johnson

Commercial Real Estate Appraisal Income Approach

30th October 2008
The income approach is often given primary emphasis when appraising a commercial real estate used to generate income. Estimates of value via the income approach are highly sensitive to changes in revenue, expense and capitalization rates. Correctly pe... Read >
Author: PatrickO'Connor

How To Determine After Repair Value

22nd September 2008
After Repair Value, or ARV, is one of the most important figures for an investor to know. Without calculating ARV, you'll have no way to tell if you've got yourself a good deal or just another money pit. Determining the ARV is important for a couple r... Read >
Author: Len Costa

Comparable Sales -- Land Abstraction

15th September 2008
Comparable sales of improved properties can be utilized to estimate the market value of land in fully built-up areas. For example, consider an area near downtown Boston which has been fully developed for over 200 years. It may be virtually impossible to l... Read >
Author: PatrickO'Connor

Condemnation appraisals

30th August 2008
Condemnation appraisals Condemnation appraisals differ in many ways from typical market value assignments. In condemnation appraisals, appraisers often cannot consider the best comparable sales (if they were purchased by the condemning authority) and c... Read >
Author: Patrick O'Connor

Baton Rouge Home Appraiser Offers Listing Appraisal Services

29th July 2008
A smooth transaction is one when one has accurately represented the physical characteristics(in writing) of one’s home , whether it be listing the home with an agent or selling it yourself(FSBO). “The main step is to acquire the accurate living area d... Read >
Author: Jamie Hanson

Sarasota Real Estate – Tips For Home Sellers

29th May 2008
Sarasota is definitely one of Florida’s ultimate beach communities. The seemingly endless stretch of pristine coastline, more than 200 days of sunshine and a year-round average temperature of 71°F serve as potent magnets for prospective homebuyers. Wit... Read >
Author: Vanessa Doctor

Real Estate Appraiser and their Importance

06th May 2008
Real estate appraiser helps you in finding houses in your city at right prices. Real estate appraiser role is very important when someone wants to sell a property and wishes to know what the property is worth so that they know how to price the home. They ... Read >
Author: Jenniferjones

Top 5 Mistakes That Real Estate Investors Make

03rd May 2008
1. Not setting enough funds aside for marketing which causes the marketing to stop. Understand that marketing is the cornerstone foundation to this business. If you’re not marketing, then your business is dying. The way you find really great deals is... Read >
Author: Lou Castillo

Estate Valuer Referral Top Tips

01st May 2008
The purchase or sale of a home is often the biggest financial transaction that you will ever make. Considering the large amount of money involved, it is very important that you choose the right estate valuer referral. Given that we do not sell or buy home... Read >
Author: Katie Grea

Investors - Determining Values in this Crazy Market

16th April 2008
The other day I had a call from an investor friend who asked how I determine values in this crazy market. The first thing to do is to pull the comparable property sales. Comparable property sales are properties that are as close to the subject property ... Read >
Author: Lou Castillo

Tips for Making Lowball Offers

28th March 2008
A common fallout of a real estate buyers market is the tendency for drawing the lowballers out of the woodwork. More and more buyers who may never have considered this type of negotiation, now feel they have the upper hand and are more likely to submit a ... Read >
Author: M Shane

How to Avoid Appraisal Problems in the Sale of Your Home

28th March 2008
Appraisers draw on comparable market sales (comps) of local properties sold within the last six months to value your home. With today’s rapidly rising seller’s market, six-month-old information is ancient history. Appraised value does not always equal... Read >
Author: Raj Kumar

How to Avoid Appraisal Problems in the Sale of Your Home

27th March 2008
Before you sign a contract to sell your home, check to see if the purchase offer depends on financing. Look for a clause which states that the offer is contingent on your home's appraisal done by the buyer's mortgage lender. This clause causes many home s... Read >
Author: pardeep batra

A Key Real Estate Tax Advantage That's Generally Overlooked

06th February 2008
One of the biggest tax advantages of owning a rental property is the depreciation you can take on the amount you paid for the property. Of course, the IRS understands that land does not wear out. So, only the portion of the purchase price related to the... Read >
Author: Tom Wheelwright

How A CMA Can Help You

30th January 2008
A comparative market analysis, or CMA, is a real estate agent's evaluation based on local listing and sales data used to determine the probable sale price of a property in the current market. For a seller, a CMA can help you determine a listing price. If ... Read >
Author: Electronic Appraiser

• Advice On Selling Your Ocala Home

24th January 2008
If you have plans of selling your house in Ocala, Florida, you may want to get a number of tips before putting up your property for sale. Having some working knowledge about the condition of the real estate business in the area can help you a great dea... Read >
Author: Vanessa Doctor

Business Valuation

18th September 2007
Business Valuation / Business Enterprise AppraisalsBusiness valuations are performed using methodology similar to the process for real estate appraisals. However in business valuation, the data sources are different. Further, there are nuances in the form... Read >
Author: Patrick O'Connor

First time investing in Bank foreclosures; tips and tricks for free.

31st August 2007
Okay, so you have swapped trying to see how much equity you can buy for trusting your own judgement to determine the repair cost of a one of those bank foreclosures deals going in the neighborhood. Let’s test your strategy. You have setup a subscri... Read >
Author: philipsmith

4 Ways to Maximize the Sale Price of Your Home

23rd August 2007
Getting ready to list your home with a real estate agency? Congratulations! You're taking a big step in your life, and hopefully it's to move on to bigger and better things. In many cases, before the agent ever sets foot on your property, they'll run a... Read >
Author: Allen Voivod

Top Ten Things to Do When Considering Wealth-Creation Through Commercial Real Estate Ownership

08th August 2007
1. Get Organized Most competent lenders can give you a checklist of their needed documents immediately. Full documentation loans (like SBA 504’s) are worth spending the extra time on in order to get organized and shave a couple hundred basis points (... Read >
Author: Mercantile Commercial Capital

How Meaningful are Real Estate Appraisals?

18th June 2007
Real estate appraisals are totally subjective and often are not an accurate way to determine the value of a property in some markets. Since the recent sharp decline of property values and the new loan guidelines by lenders, not even the most professional ... Read >
Author: David Dinkel

How Distressed Home Sales Impact Your Home's Value

07th June 2007
We know the gut wrenching feeling when a home sells down the street from you for well below Fair Market Value (FMV). You may only find out when a perspective buyer says your home is too high priced because of that distressed home sale! Distressed home s... Read >
Author: David Dinkel

Phoenix Real Estate Market-How healthy is it?

04th June 2007
Recent reports show that nationally, home prices have dropped for the third straight quarter. Interestingly, here in Arizona we were reporting less sales, but sales prices were actually increasing. What does it all mean? Well let us not forget that any... Read >
Author: Gary Kiernan

What Does For Sale By Owner Really Mean

03rd May 2007
For sale by owner may sound like a good idea. If the idea of paying a high commission to someone does not appeal to you then selling your home may be one option you should consider. Before you do that let's take a look at what for sale by owner really... Read >
Author: Unique Real Estate Solutions

Real Estate Investing and Market Value

16th January 2007
There is only one way to determine the market value for single-family houses -Comparable Sales, and it is the most accurate way to determine the market value of a house. Comparable sales are recent sales of similar houses in the same or similar, near... Read >
Author: Robert Palmer

Good Deals For Real Estate Investors

16th January 2007
Closing a good deal requires a lot of analysis, and investors face lot of analysis crisis when it comes to closing a deal. In order to overcome analysis crisis, investors need to have lots of information and they should make sure that the deal is really w... Read >
Author: Robert Palmer

Municipalities Killing The Goose That Lays The Golden Eggs

10th January 2007
Areas of the country that have enjoyed a big run up in values the past year are now paying for it. Local tax assessors doing their jobs, based on comparable sales, are moving assessed values up to increasingly high levels. Housing affordability is a funct... Read >
Author: Dale Rogers

The Second Oldest Profession…Barter & Trade …Using Discounted 2nd Mortgages To Buy Real Estate

08th December 2006
After finishing a course in 1031 Tax Free Exchanges in the early 70’s the first deal put together on this “revolutionary” means of doing business was a “NON Qualifying 1031 Tax Free Exchange” using “pure boot”. This was not “like property... Read >
Author: Dale Rogers

Real Estate Investing in a Changing Market

03rd October 2006
Investing in Real Estate is a different ball game than buying a house in which to live. Real Estate investment is all about leverage, and using "other people's money". As a Realtor in Central Florida, I specialize in making thousands of doll... Read >
Author: Dorothy Blake

Real Estate Appraisal - Rental Properties

20th July 2006
Real estate appraisal for rental properties isn't the same as for single family homes. If you were looking at a 24-unit building, it would be difficult to find similar ones nearby that have recently sold. Therefore, a market analysis using comparable sale... Read >
Author: Steve Gillman

Real Estate Appraisal - Do It Yourself

19th July 2006
For single family homes, there are two basic methods used in real estate appraisal. They are replacement cost analysis, and using comparable sales. A third appraisal method, based on capitalization, is used for income properties, and is covered in another... Read >
Author: Steve Gillman

What Determines Price You Pay For Investment Property?

05th July 2006
Copyright 2006 National Real Estate Network LLC The comparable sales in a one-mile area around the property will be the ones you want to be looking at. This is a general rule. There are many areas where you have do comparable sales block-by-block, or s... Read >

Don't Sell or Purchase a Property Until You know Its True Market Value!

05th July 2006
It is often difficult to price a property that you are going to sell, or evaluate the value of a property that you are going to purchase. Comparable sales, or comps, are the best tools that commercial real estate brokers, agents and investors have to dete... Read >
Author: Tony Seruga, Yolanda Seruga and Yolanda Bishop

CAN YOU STILL GET A PROPERTY TAX REDUCTION IN A BOOMING REAL ESTATE MARKET?

12th June 2006
Let's rephrase the question. Let's ask, "Can I afford not to appeal my property taxes when I can retain someone to do it on a contingency basis?" Case in point: A friend of a friend was considering not retaining me this year to appeal the property taxe... Read >
Author: Caterina Christakos

Real Estate Investing is becoming faster and easier

26th May 2006
If you're a real estate investor, you know it can take quite some time and effort to locate a potential property, make an offer, and strike a deal. There are lots of properties for sale, but finding a "deal" is not always easy. Fortunately, more tools a... Read >
Author: Tom Wood

How To Figure Real Estate Value Steve Gillman

22nd May 2006
What is real estate value? It isn't what you have into your house. It isn't what you feel it is worth. It is what the market will pay. How do you figure out what the market will pay? For single family homes, the best way is by seeing what similar homes ha... Read >
Author: Steve Gillman

Don't Be A Victim Of A Drive By BPO

02nd May 2006
Memphis, TN has its share of drive by violence. But we are talking about a different type of bad drive by, being the victim of a drive by BPO as a real estate investor. We have been victims and want to help you from becoming a statistic. We are Memph... Read >
Author: David Neese

Pricing Your Home for Sale

23rd March 2006
Professional appraisers sum it up in three words -- buyers make value. Ultimately, the value of your home is what a buyer is willing to pay at a given time. Setting an asking price for your home requires that you anticipate what most buyers would be wil... Read >
Author: Roselind Hejl

Ten Real Estate Investing Tips

02nd March 2006
Real estate investing tips tend to be a bit vague, like "invest in the right location," or "make sure the numbers work." Actually, tips like these are important principles to remember. However, since they have been well represented in other articles, I wa... Read >
Author: Steve Gillman

The 3 Most Effective Methods to Determine Your Company's Value

02nd March 2006
Copyright 2006 John J Reddish How much is your company worth? How much of that worth is attributable to your performance? Is a valuation for estate, or divorce, purposes a true reflection of the business worth? These are tough questions and they ma... Read >
Author: John Reddish

Home Appraisal: More Than Just House Value

21st February 2006
Most people, when buying a home, are first given a copy of the appraisal at the closing table. In the excitement and stress of signing the final mortgage papers, and arranging to get the keys to the new house, the appraisal may be tucked away with the oth... Read >
Author: Bill Wehr

Preparing for Appraisals Contracts and Comps

26th November 2005
You've sold your home and are getting ready for the appraisal. Here's how contracts and comparable home sales impact the appraisal. Your Contract One of the indications of value an appraiser takes into consideration is the contract that exists betwe... Read >
Author: Raynor James

How Appraisals and Assessments Differ

14th November 2005
Many people think appraisals and assessments are the same thing or at least that they should be for the same amount. The truth is they can vary greatly. Let's look at each of them. Appraisals An appraisal is an estimate of market value. An appraise... Read >
Author: Raynor James

Home Appraisal Values are a Critical Factor

01st September 2005
To most, owning a home is a necessity, but sometimes it is a matter of pride or a business investment. Home appraisal values become relevant if one wishes to sell his house. Home appraisal values is a technical term which means the value of a home in term... Read >
Author: Tom Laing

How to Avoid Appraisal Problems in the Sale of Your Home

15th August 2005
How to Avoid Appraisal Problems in the Sale of Your Home Copyright 2005 Jeanette Joy Fisher Sell Your Home for Top Dollar -- Fast! http://www.sellfast.info/ Before you sign a contract to sell your home, check to see if the purchase offer d... Read >
Author: Jeanette Joy Fisher

Having Your House Appraised

13th August 2005
By: Lee Dobbins Having your house appraised can be a scary step in the moving process, especially if you don't know what to expect. Will your house pass muster or will they find some hidden defects and problems lurking in the basement and attic? Shou... Read >
Author: Lee Dobbins