Sentences with phrase «comparable homes were selling»

When asked what they want most from their real estate practitioner, first - time buyers say they need help finding the right home, negotiating price, handling paperwork, determining what comparable homes are selling for, and arranging financing.
Educate: Educate the buyer on the area, what comparable homes are selling for, the average price per square foot in the neighborhood, and every stage in the buying process.
Do some research and find out what comparable homes are selling for in your area.

Not exact matches

UEFA regulations state the price of tickets for visiting teams must not exceed «the price paid for tickets of a comparable category that are sold to supporters of the home team».
If your home is already on the market and has an offer on it, be sure to gather the information your Realtor supplied you about comparable homes that recently sold.
If you are buying a home it's imperative that there will be a minimum of three additional comparable sales within a close proximity to the property and have recently sold.
Best comp I have is that my neighbor's home directly next door (same floor plan but brick and mine is siding but very comparable) sold for 67,900 in 2011.
Maybe one of the homes that the appraiser used for a comparable was sold through the foreclosure process.
For example, if you found a home that is almost exactly like the one you are interested in and it sold for $ 200,000, yet the one you want to buy has a swimming pool, then you need to deduct at least $ 20,000 from the selling price, leaving its actual comparable price right at $ 180,000.
Just as you would with any important purchase, such as a home or a car, checking out the current prices of comparable bonds gives you a strong indicator of what your bond will cost to buy, or what you can expect to receive if you are selling a security.
If there have been three similar mobile homes sold for all cash in the last few months, then use these local comparable sales when evaluating the resale price local buyers may pay for a similar home in this same park during this time of year.
However, you can buy a home with some acreage without a problem (so long as it's not considered an income producing property), as long as there are other comparable properties that have recently been sold in the area.
The biggest selling point of foreclosed homes is, of course, their marked - down price — often significantly lower from other similar properties in the same area (known as comparables, or comps, in broker - speak).
ComFree.com also showed him — much like the MLS would, he says — what similar homes in his area were selling for, which turned out to be comparable to the bank assessment price.
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.
I owe 37k and comparable homes in my area are only selling for 27 to 30k.
Those who decide not to sell their homes have to pay the company back at the end of the 10 - year period, similar to a loan, with an annual effective interest rate that's capped at about 15 percent, comparable to rates on some credit cards or unsecured consumer debt.
Studies conducted by the Lawrence Berkeley National Laboratory (LBNL), which is funded by the U.S. Department of Energy, have found that homes with solar consistently sell for more than comparable homes without it.
Research all the homes that have sold in the area over the last six months, regardless of whether they're comparable, and be ready to explain why a recent sale isn't a good comp.
Response: If the neighbor's home is a true comparable, it should be in your CMA and you will be able to show the client the adjustments that likely contributed to its higher selling price.
If you disqualified it as a comparable, you will be able to explain that as well — for instance, the home sold too long ago and doesn't reflect the most current market conditions.
Well, the average FSBO property sells for more than 20 percent less than comparable homes that are listed by an agent, according to the NAR report.
It is important that the asking price of the home is what is considered to be a fair market value based on key elements such as the home's size, condition, location, the current property market conditions and the selling prices of comparable homes in the area.
There are consistent and related findings between annual consumer research in NAR's Profile of Home Buyers and Sellers, and sets of data in the existing - home sales series, that show current market conditions are comparable with median selling time in balanced markHome Buyers and Sellers, and sets of data in the existing - home sales series, that show current market conditions are comparable with median selling time in balanced markhome sales series, that show current market conditions are comparable with median selling time in balanced markets.
They may be missing important selling features of your home, such as close proximity to a certain coveted school, or the selling price of a pending comparable.
If home prices are falling, however, your house should be priced cheaper than comparable homes for sale, otherwise, it won't sell and you'll ride the market down.
As should've been revealed in the comparative market analysis (CMA), what other, comparable homes have recently sold for should give you a good estimation of a reasonable selling price for the listing in question.
But to really ensure that your home will sell fast, be sure the upgrades that you carry out before you sell it are comparable with other houses in your neighborhood.
This is when an appraiser will look for at least 3 recent sales of comparable homes that have sold recently.
How much are comparable homes in this suburb or neighbouring suburbs selling for?
You will need to take into account the condition of your home, what comparable homes in your neighborhood are selling for, and state of the overall market in your area.
Sales prices of recently sold nearby comparable homes as well as asking prices of similar neighborhood homes now on the market should be included.
Note: The only type of comparable sale that is significant is a sold home of similar size, configuration, condition, and location.
If you're relying on statistics to keep up to date on market trends and conditions, or you're compiling listings for comparables to send to customers to assist them in buying or selling a home, you depend on the data you retrieve from XL Paragon...
The most important factor is a breakdown of «comparables» — nearby homes or properties that have sold recently and are similar in size and features to the home being appraised.
A CMA performed by a qualified Fort McMurray real estate professional is an estimate of the current market value of a particular property, based both on the specific features and qualities of the individual home and comparable homes already on the market, or homes that are similar and have sold recently.
Automated online home value estimators generally use a computer algorithm that has been formulated to try to do what a human appraiser or real estate agent would do: compare the property (your home) against other nearby homes that have recently sold (the comparable properties, or «comps»).
Those who decide not to sell their homes have to pay the company back at the end of the 10 - year period, similar to a loan, with an annual effective interest rate that's capped at about 15 percent, comparable to rates on some credit cards or unsecured consumer debt.
you can go back to your computer, determine the price that home really sold for, decide if it is a good comparable, come back with your recommended value, and then be prepared to discuss the sale your seller heard about.
If you've got to sell soon because of a job transfer or you've already purchased another home, it may be necessary to generate buyer interest by dropping your price so your home is a little lower priced than comparable homes in your area.
Comps: Short for comparable properties to the home you're buying or selling, used by Realtors to help determine property value.
A CMA performed by a qualified Sherwood Park real estate professional is an estimate of the current market value of a particular property, based both on the specific features and qualities of the individual home and comparable homes already on the market, or homes that are similar and have sold recently.
What have comparable homes sold for and what's still on the market?
Simply fill in your information below and I'll get back to you shortly with a detailed report of comparable homes in your area that have recently sold or are currently for sale.
An oft - quoted study of stigmatized homes in Ohio found that such homes were on the market 45 percent longer than comparable properties, and that they sold for 3 percent less.
Now, we have three comparable homes adjusted to be the same as our subject home, and now we get a sold price per square foot for each.
Not so in residential where homes are valued based on what other comparable properties sold for.
The median price of a home sold in the Bay Area during the fourth quarter was $ 485,411, down 5 percent from both the previous quarter, when it was $ 509,876, and the comparable year - ago period, when it stood at $ 508,336.
There is one in my area right now that they have priced at $ 230K when 2 comparable homes just sold for $ 155K and $ 160K, so don't know what they are thinking with their asking prices these days, but can't wait to see what it ends up selling for.
This letter should explain to them the current market conditions, what comparable homes have recently sold or been listed, and how many web hits MLS and your website have generated.
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