Sentences with phrase «comparable houses in the neighborhood»

Not exact matches

There are also programs to buy houses that have been forfeited in a foreclosure action that can be bid on, renovated and lived in for 25 % -50 % less than comparable properties in the same neighborhoods, depending on the city.

If prices are jumping, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that closed recently) to defend the price when performing the appraisal for the bank.

There are three basic methods of appraising a house: 1) replacement cost 2) multiple of rent and 3) «comparables,» that is, what do similar houses in the neighborhood cost.

When considering the value of a REO, you need to look closely at comparable sales in the neighborhood and be sure to take into account the time and cost of any repairs or remodeling needed to prepare the house for resale.

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.

Competitive Market Analysis (CMA): The list of comparable sales a REALTOR ® brings to you, along with data about other houses in your neighborhood that are presently on the market, is used for a «Comparative Market Analysis» (CMA).

The list of comparable sales we bring to you, along with data about other houses in your neighborhood presently on the market, is used for a «Comparative Market Analysis (CMA).»