Sentences with phrase «area determine the value of your home»
The price of other homes sold in your area determine the value of your home.
https://smartasset.com/ Not exact matches
Arch MI gauged the economic foundations of home values in 100 major metropolitan areas to determine local housing markets with «minimal» risk.
A home's value is determined by the latest price of homes like it in that area.
In order to determine the affordability of housing in each county, we used the median reported value of owner - occupied homes to determine the monthly mortgage payment for each area.
The home appraiser looks at recent sales data for the area, in order to determine the value of the Anderson's home.
Some of the most important information an appraiser uses to determine your home's value is the comparable properties in the area that have sold.
The sales prices of comparable homes in the area are averaged to determine the assessed value of the property.
Once the agent has the correct price bracket for the home, they will then determine what features or unique qualities could set the property apart from others in the area to give a more accurate gauge of the home's value.
When the appraiser puts a value on your home, they'll visit other homes in the area and determine the state of the market.
At the end of every year the area median income and median home values are reviewed to determine a loan limit for the area.
The sales prices of comparable homes in the area are averaged to determine the assessed value of the property.
While many real estate agents still use the old fashion «PFA» (Pulled From the Air) method to determine the fair market value of your Greater Los Angeles area home, we'll remove all the guesswork when your home is evaluated.