Sentences with phrase «comp in the area»

features, a list of comps in the area and what we should avoid.
Also, landlords have much flexibility such as conducting background checks, managing their leases and providing comps in the area for maximum rent.
So, it's listed for 209k but a lot of recent comps in the area go as low as 160k.
It took me about 3 weeks of research and running the numbers, talking to the owner / tenants as well looking at comps in the area.
She spent ample time with us answering our questions, providing objective data regarding how many homes they sell, how long their listings typically stay on the market, and providing tons of info on comps in the area.
If there are low comps in the area from short sales or foreclosures, for example, the appraisal could come in lower than your offer.
Your real estate agent will know comps in the area where the 3 unit is.
Review comps in the area to show you what is happening in Murrieta, Temecula, Wildomar, Lake Elsinore, Menifee, Fallbrook, and surrounding Riverside County, CA areas.
Every area has a range of comps and the lender appraisers have been good about using the best comps in the area because of the retail condition that we bring our properties.
, along with comps in the area to help you determine an appropriate dollar figure for your initial offer.
I'm not sure yet what it is renting for currently, however renter comps in the area are around 2200 - 2500 a month.
My question is, if based on the current comps in the area, this is a real steal, why after a whole day on the auction has NO ONE bid on it?
If you sold a «true» 12 % Cap Rate SFR rental at a premium, it didn't sell because it was a 12 % cap rate, it sold because the sales comps in the area support that price, regardless of whether you thought you got a premium.
Get your own bids, from several contractors, and ask them to «bid» their work to be equal to similar comps in the area.
It needs maybe 2 new windows,, a new front door, the laundry room and kitchen need new tile and the laundry room needs new drywall so maybe 5 - 7K total for about $ 700 / mo comps in the area were about 50K.
AGAIN, the appraiser said no upgrades were needed as there were no other comps in the area that were upgraded and the ARV would be $ 200k.
We submitted a very clean offer non-contingent, 25 day close of escrow, and came in 60K above the last comps in the area.
While selling our home he starte by presenting us with a full color brochure explaining comps in the area, market trends, and expected price window.
There aren't adequate comps in your area, so the appraiser referenced comps from a less desirable community.
Selling a Property: Identifying Comps in the Area By Mark Jackson Selling an investment property can be a very challenging process.
You should run comps in the area to determiner price per squire foot.
For example, I'd like to know how to find the amount of recent comps in my area.
I looked at comps in the area and the ARV does appear to be accurate.
It's a 3 Br 2 ba and the lowest comp in the area is $ 335K and everything is averaging about 350ish.
Review comps in the area to show you what is happening in Carlsbad, San Marcos, Oceanside, Encinitas, Cardiff, Solana Beach, and surrounding San Diego County, CA areas.
When we met him for visits he would have a detailed list of the houses features, a list of comps in the area and what we should avoid.
In our case, we did the home inspection shortly after our initial $ 305K offer so when we resubmitted our offer of $ 315K (still lower than comps in the area) we submitted the inspection report as justification for the offer since we're agreeing to buy the house in «as - is» condition.
We then resubmitted for $ 315K with home inspection documents to show various problems found to justify our offer price (comps in the area are going for $ 340K +).
«It's really important to look at the comps in the area and see what places are selling for.
The listing price is pretty fair considering assessed value and comps in the area and is a duplex.
I'd also check out the comps in the area to determine market rents.
I'm sure you bumped up the comps in the area, the neighbors are probably loving you.
That unit is nicer than all of the comps in the area, and we charge a bit more because of it.
I filled out the application and I included all the comps in the area.
Answers relating to neighborhood, age / condition of property, comps in the area, demographics, your ability to finance, ROI, ARV, your own RE goals, etc...
Then I will talk to my re agent to pull me the comp in that area.
So a couple weeks ago I almost made an offer on a triplex in almost the exact same condition and scenario as the deal in this article, but pulled out when my agent helped me realize that the comps in the area would keep it from appraising over $ 100,000 regardless of how nice I rehabbed it.
Well 8 cap can be pretty eye catching for folks in California and some other places but the prices they're trying to sell the houses at 8 cap are higher than the comps in the area.
Educate them about not only the comps in the area but also the competition.
So you would want to be selling this house somewhere between the $ 160k — $ 200k range depending on the comps in the area and the value you raised the house to.
The comps in the area are around 45k and the home doesn't need any repairs except for a roof in the next 2 - 3 years.
Recent comps in the area have have sold for no more than $ 90k.
Steph, I'm currently in Gulfport Mississippi for a few weeks, and of course looking at properties, I believe I have a good deal in the making, seller is asking 95k for the property, comps in the area are as high as 140k, my issue is I do not have an end buyer for this area, what do you suggest?
What's the average rent for comps in the area?
Go online and look at pictures for all the comps in your area.
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