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February 2017

Found 3 blog entries for February 2017.

 I got an email from Zillow last week. Seems my house has gone up in value another $2,000+ dollars in the past 30 days. And it's going to rise another 3.5% in the next year, according to their Zestimate®. Fab!

Except that it's just speculation. When it comes to Zillow's Zestimates, you have to take the numbers with a grain of salt. Make that a big shake of salt, right over your shoulder. And maybe a stiff drink. And a frank conversation with your real estate agent.

"Shoppers, sellers and buyers routinely quote Zestimates to realty agents - and to one another - as gauges of market value," said the Los Angeles Times. "If a house for sale has a Zestimate of $350,000, a buyer might challenge the sellers' list price of $425,000. Or a…
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We all know that living near a good school increases the value of your home. But who knew a neighboring cemetery can adversely affect your property value? Or that proximity to a hospital isn’t a good thing?

In fact, we now know – or should know – that nothing is more important when selling your home than your neighborhood. So if you’re buying, think ahead; purchase your dream home in the wrong location and you may be buying into a nightmare. Here are some location no-nos:

  • Research has found that living near a cemetery will lower your property value by 12.3% and having a hospital nearby means when you sell you can expect an impact on your sale price of 3.2%. Also note: make sure you move near a “good” school; a “bad” school will reduce your
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1. GET EDUCATED ABOUT THE DETAILS OF THE APPRAISAL VALUE DETERMINATION PROCESS TO KNOW WHAT THE EXPERTS CONDUCTING THE EVALUATION PAY ATTENTION TO

This article’s purpose is not to give an exhaustive description of the appraisal procedure, but rather provide the sellers with a few pieces of advice on how to improve its results. But, we’re going to base the further info considering these most important facts about house appraisal:

  • its real purpose is to figure out whether the home’s value expressed in the monetary equivalent (the selling price)coincides with the average prices of similar local properties, which have been recently sold or which are currently available on the market;

  • it takes the evaluation

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