Appraised Value Vs. Market Value Until they face it, most people think the appraisal and market value should be the same. After all, both are about the same home. However, it is not valid. The appraisal value is lower in most cases of appraised value vs. market value. In this guide, we will solve this […]
Read More →Ready to sell your home? You’ll need to determine the price of your home. Various tools are used for this purpose, and one such evaluation tool is the AVM (Automated Valuation Model). Think of it as a software-based pricing tool. The software will look at comparable data to determine your property's most suitable price. You […]
Read More →An appraisal contingency is a legal setup to protect you financially while making an offer on a home. It helps you make a better choice. This guide will explain what is an appraisal contingency and its importance during the home-buying process. An appraisal contingency is included in standard real estate contracts, so that you will […]
Read More →What is fair market value? Fair market value is used widely in the stock market and real estate. You can think of it as an acceptable price of common stock. In addition, it’s a number considered fair by 3rd party reviewers and appraisers. You can list your home or stock for any price. The listing […]
Read More →Have you thought about selling or buying land but do not know where to start and how to find the land value of a property? Perhaps you do not even know what a reasonable price is. If you are wondering how to determine land value, then you know that the true worth of your land will be […]
Read More →A Comparative Market Analysis (CMA) is a document that is used to assess the market price of a particular property concerning similar properties. This is a crucial document for anyone looking to purchase a property, as it can help them determine its value in a relevant market. If you are considering buying a property and […]
Read More →How does home appraisal work? A home appraisal is crucial when we decide to buy or sell a home. The correct price of a home can be determined with a valuation report. The valuation report is mandatory when taking out a mortgage; it shows that the property is appraised. Property valuation is a term normally used […]
Read More →During the house sale process, you may need an appraisal; providing a valuation report for a mortgage that a certified appraiser should draw is necessary. Home appraisal varies from state to state, and several factors affect it. Such as the house size, the residence area, and issues with your house. The average home appraisal cost in the […]
Read More →You are planning to relocate to a new home, and instead of selling your home, you decided to place a “For Rent” sign at the front gate. Renting your home will be a constructive decision if you only know how to set a fair rental price. You will be tempted to charge a high premium […]
Read More →Are you considering selling your house to move to a better one, or are you dealing with probate? Do you want to know what your property is worth before you make a decision? In that case, you need a property valuation report. Are you wondering what a property valuation report is? If you are nodding yes, simply put, […]
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