Sentences with phrase «property upon resale»
Proper property assessment will give an investor a good idea of what the property is worth, how much they should pay for it and even how much to charge for the property upon resale.
http://www.honolulumentor.com/ Not exact matches
There's a good possibility you have not been in these comps when they were for sale, (and you certainly can not always take the word of the listing reps who express how beautiful and wonderful their listing MLS property is, because it «is» in their eyes (but were you to see it personally you absolutely might not find it so), so you are going to have to rely upon the information provided by the listing reps.. But it's helpful to know that the bank appraisal is a guideline for your seller, even if he has unrealistic expectations regarding his wish list for a resale price.
When acting as a selling agent for a resale property, a brokerage, and its sales people, should not rely upon original drawings (floor plans), as these artist's conceptions hold no legal veracity in court.
In addition, the taxes can change from year to year, and sometimes properties are reassessed upon resale, so you can not always count on the existing taxes remaining the same.
Because it takes investors about six months to buy a home, renovate it and put it back on the market, no one is quite sure yet how much the flooded properties will bring upon their resale.
Even properties held in properly prepared family trusts can be challenging upon resale when the successor trustees / heirs can't find the trust docs.