comparable sales: Getting the Highest & Best Price (Localism)
- 01/06/09 04:16 AM
So you have decided to put your property up for sale, now it is time to meet with your favorite realtor. Be very careful when setting the price point, be realistic in what you expect to get at end of closing. Be very careful examining the comparable properties in your neighborhood. Investigate the type of repairs made; consider closing costs by using a net sheet, etc. Your realtor should never over-quote what the real market price is just to get the listing, because he will never be able to sell your property for more than the offer received by the highest … (1 comments)
comparable sales: Bank Owned Properties For Sale
- 12/16/08 01:35 AM
For Sale, Great Price at only $99,000! Found in the central valley areas of California there are many bank owned properties to be had for under $100,000. The property's long vacancy has attracted vandals. Graffiti is spray-painted on the fence. As soon as you walk in, the stench of a mildewed carpet is apparent. All the plumbing - pipes, faucets, toilets - has been ripped out. In one room, daylight filters in through a hole in the wall, a great magnet for vandals. You might even find squatters occupying the property. So would a real estate agent hold an open house … (0 comments)
comparable sales: What Is A BPO
- 12/05/08 04:46 PM
To determine the probable selling price of a residential property a Realtor will perform a BPO. The selling prices of similar, distressed and bank owned properties in a quarter mile radius are compared. Not to be confused with an appraisal, realtors and mortgage brokers employ this method to obtain a probable selling price for a residential property. www.andrewbatesrealestate.com is the place to find foreclosure deals. Email me at andrew@realtorintouch with your real estate related questions. … (1 comments)
So you have decided to put your property up for sale, now it is time to meet with your favorite realtor. Be very careful when setting the price point, be realistic in what you expect to get at end of closing. Be very careful examining the comparable properties in your neighborhood. Investigate the type of repairs made; consider closing costs by using a net sheet, etc. Your realtor should never over-quote what the real market price is just to get the listing, because he will never be able to sell your property for more than the offer received by the highest … (1 comments)
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