Sentences with phrase «sold comps»

Don't go by the zestimate, just look at the recent sold comps on homes nearby that are similar in size, construction, etc..

Have you developed an ARV using recently sold comps?

Of course every town has good and bad areas but overall we're seeing great pending and sold comps for 1 - 4 families in those towns right now and our borrowers have been able to get in and out of our loans through a sale or refinance without issue.

The first step in selling your home is to find out the current market value of your home based upon sold comps, market time, and most importantly, what willing and able buyers will consider paying when you enter the marketplace.

You need to look at your competition, go to open houses, look at sold comps, etc. and determine level of finishes and at least meet that level (better to beat with a few wow items that don't actually break the bank).

The nearby sold comps I looked at were similar priced, similar size.

Most of the comparable homes are for sale which gives me an idea, but investors desire to see sold comps to justify the ARV.

The closest you will ever get is by pullling sold comps.

When my parents were buying their forever home in 1996, there was no Zillow to look at a bunch of pictures of for sale properties, or recent sold comp information that my parents could literally spend 30 minutes to check and save hours / days of headache.

I agree with those suggesting don't offer asking price, but you maybe ok to offer a bit over your provable sold comps (before or instead of bothering with independent appraisals)?

When prices rise very quickly it can be difficult for an appraiser to use historical sold comps to set a value and this is exactly what happened in this situation.

Then dig deeper into relevant sold comps, and get some assistance if pricing a property is not something you do every day.

If you're selling your house privately, be sure to monitor sold comps and keep up with the contracts and other documents you'll need.

In falling markets it's common for active listings to be cheaper than the last sold comps.

When valuing property — look at active comps as well as sold comps.

On any potential deal however you should always make sure to run your own numbers, especially sold comps, before you jump in a deal.

The first step with the MLS is to look for rehabbed «standard» sold comps which are similar to what your home will be like when it is complete.

After looking at recently sold comps, then you can expand your search to comps which are listed (up for sale) or pending (under contract with a buyer but has yet to close).

Determine your ARV based upon recent sold comps.

The problem with Craigslist etc is the basic difference between asking comps and sold comps... yes they exist in rents also.

When we ran the comps, we were ready to pack it up again... She wanted $ 12,000 I think, the house needed $ 25,000 to be on par with the sold comps, which were selling, rehabbed, for just under $ 40K cash...

The park I am flipping in right now has 3 recent sold comps, and they all sold in under 5 days.

They use sold comps to project current property values.

Zestminates use very complex data to attempt to formulate a price for a home, the problem is it doesn't use the most relevant data available, sold comps.

On MLS you can count the sold comps for the last 6mos and the number of active listings.

I need recently sold comps, which I am having a hard time finding on each home I find.

Yep, your broker can show you sold comps (ARV).

Next, depending on how many «standard» sold comps you find, you may also want to take into consideration other recently sold comps, such as short sales or bank - owned properties (REOs) which have been renovated or are in good condition.

If I were you, I would probably just try to find some sold comps on newer builds and use that.

If providing additional comps that should have been considered, the sold comps must have sold within the last 6 months and be within a certain distance.