Sentences with phrase «for similar properties in your area»

Knowing the fair market rent for similar properties in your area will give you a good idea whether or not you need to adjust your rent price.

Not exact matches

The best way is to check out comps — what similar properties are selling for in the area — «and whether those prices have been going up or down in the recent past,» says Felise Eber, a Miami Beach real estate associate with Coldwell Banker.

Therefore I will have to use two different properties with similar characteristics and located in the same area for my article.

Make sure you keep any valuations from estate agents and keep adverts for sales of similar properties in your area in case there is a dispute in the future over the price for which the lender sold the property.

You can research the areas you're interested in, set daily alerts for new properties and compare similar properties.

He helped found the ODR system now part of Consumer Protection B.C., and he's working on similar initiatives in areas like the recently launched Property Assessment Appeal Board ODR tool for residential appellants.

You need to do some market research to find out how much the investors in your area are paying for similar properties.

Similar to a home inspection that can reveal flaws in a property, Gallegos maintains that energy audits, where blower door tests and infrared technologies are used to diagnose the energy efficiency of a home, are an equally important tool for homebuyers because they can reveal areas in a home that waste energy which means higher costs.

I currently have a growing property management company consisting of about 250 units in the Dallas / Fort Worth area and I am looking for owners of similar sized companies to network and brainstorm growth strategies.

The most banks, and particularly Humongus make a distinction between the market value of a property (the value of a property in relation to similar properties in the area and the price that the buyer and seller agree is «fair» and «reasonable») and the properties value for mortgage purposes (the discounted value that the bank will accept in granting a mortgage).

I own rental properties in alpharetta for last two years and would like to get to know folks in this area with similar interests.

In my opinion, for the condition of the property it was priced alright for the area, the thing that was preventing it from selling was the very high property taxes (much higher than similar properties in the area), and I don't think the broker really marketed the property very welIn my opinion, for the condition of the property it was priced alright for the area, the thing that was preventing it from selling was the very high property taxes (much higher than similar properties in the area), and I don't think the broker really marketed the property very welin the area), and I don't think the broker really marketed the property very well.

For example, you can now impress them by addressing everyone at the listing presentation by name because you already know their names, and showing your knowledge of the seller's property by saying, «I've researched other homes in this area that also have three bedrooms and two baths with similar upgrades to your home, and here's what I found...»

CMAs give an overview of what is actually happening in a particular area, such as the percent of list price that sellers are receiving, current inventory in the area and days on market for similar properties.

When to Ask for a Reassessment If your home assessment is based on similar properties, then check on sales of homes in your area.

Investopedia advises landlords to find out what similar properties in the area are renting for, in order to price yours accordingly.

Direct Mail & Email — I continually send out updates and information for your listing on a weekly basis to agents in the area (with a personal focus on those agents who do the most business with similar properties).

Check the market rate for rent in your area by checking with property managers who handle similar properties, asking real estate agents, and looking at rental advertisements.

The private lender reviews the price, how much the improvements will cost and what the final value would be based upon a fully rehabilitated property, as compared to what similar properties are currently selling for in the area where the property is located.

The gross rent multiplier is best used when compared to other gross rent multipliers for similar properties located in the same trade area.

If your rental is drawing in the kinds of applicants that you are looking for, talk with your property manager to ensure that the asking monthly price is competitive and compares to other similar properties in your area and that are relatively the same age.

Based on an acquisition price of $ 1,000,000, the resulting gross rent multiplier in year 1 is 5.93 x. By itself this doesn't tell you all that much, but suppose you've been underwriting several other office buildings for sale in the same area and you have determined that the average gross rent multiplier for these similar properties is 5.00 x.

We take into consideration what similar homes have sold for in your area, the current market conditions and the condition of the property.

The amount is determined by how much renters are able and willing to pay in your area, and the best indicator is what other landlords are charging their tenants for similar properties.

Hi Ingrid, yes we did look up similar homes in the area and yes they do have pantries, we just weren't sure if it would increase the value to the property, but we updated the kitchen with granite counter tops and have painted the cabniets we invested in the kitchen close to $ 3k, only because the cabniets are in very good condition I just painted the cabniets and the kitchen walls and hired a pro for the granite $ 1500 for the slab and intallation, and we got gently used stainless steel appliances.

Similar properties in the area rent for $ 850 per month.

Comps are recently sold (or are up for sale) houses similar to your subject property, in the same general area.

There is a tendency for home prices, and generally property prices, in sub-markets within the same metropolitan area to follow similar movements but at somewhat different timing.

The agents are out there in the local housing market day in and day out so they'll have a good handle on how much similar properties go for in the surrounding area.

The best cash buyers are individuals who have bought similar properties for cash recently in the same area.