Home Evaluation

Property market value is the price for which you could expect the real estate property to sell if you put it on the market. Many home owners want to know the market value of their property before they are making important real estate decisions.

It is good to know that market value assumes an informed buyer and seller with the knowledge of all the legal uses for a property in a particular transaction. So market value is basicaly the highest price in terms of money, that the property will bring to a villing seller if exposed for sale on the open market and allowing a reasonable time to find a willing buyer.

Reasons for property evaluation may be different but the true market value is very important if you are in the process of:

Planing to sell the home
Thinking about refinancing
Buying out a partner
Estate planing
Splitting or separating from your partner
Want to know whether to invest in renovation or sell as is...

Many local real estate professionals will provide you with a FREE Comparative Market Analysis of your real estate property. Comparative Marketing Analysis will show you what's happening in the local real estate market at the time you are interested to put your property on the market. It will show you what buyers are willing to pay for homes similar to yours, what they won't pay and which homes will be competing with yours for buyers' attention.

Proper home evaluation will help you make a very important decision - the price you'll ask for your home. It will also help you to see your home from the buyers' perspective, which is very important when you are pricing your home to sell. Keep in mind, the more information you provide about the property, the more accurate the evaluation.

HELPFUL LINKS:

SELLER INFO

If you currently own property and are thinking of placing it on the market, get informed about preparing your home for sale, pricing your property appropriately, marketing it effectively and learn everything you can about real estate sale process so you can maximize your... Read more...

MORTGAGE INFO

Arranging to pay for that property you plan to buy is one of the most important financial decisions you will ever make. Regardless of how certain you are that you will get mortgage, it is always good idea to get pre-approved from the mortgage lender of your choice. Read more...

Making the necessary improvements before you put property on the market is very important for fast and smooth selling process.

A house that looks nice inside will sell at a slightly higher price, but above all, it will sell much faster.

Painting gives you the best return for money spent. Keep it neutral, off-white, beige or antique-white is the best.

Real Estate & Related Info

Location

Location is an investment too and can also affect property values and property taxes. More...

Downpayment

Learn how to take advantage of government programs available to first-time home buyers. More...

Inspection

Knowing what to expect will help you make an informed decision about the value and the future upkeep. More...

Closing Cost

Don't forget closing costs; they vary greatly by location and they are also relative to your house price. More...

Moving Tips

Pack a box of items that will be needed first at the new house. Clearly mark this box "Load Last." More...

Glossary

Although not complete, the glossary of real estate terms will help you with some of the more common terms. More...