Have you ever wondered why an appraiser will not give you an answer about your home's value at the end of the inspection? There's a reason for that! I talk about it in this article.
On a regular basis, I complete appraisals for private investors. Over the years, I cannot remember a time when an investor became upset when the estimated value of a property they wanted to purchase, was lower than what they had anticipated the property to be worth. They want to be informed. Investors don't want to… Continue reading How To Minimize Diminishing Profits in Real Estate
If county-wide home trends are appreciating at 6% per year, does that mean that your home is? Maybe, but probably not. It's important to get a little context.
Is it possible for a home with a considerably smaller lot actually have a higher value than one with more land? Yes! I explain how this can happen in this article.
Many home owners and real estate agents price homes based soley upon a price per sq. ft. metric. This method can work, but it's an easy way to get it wrong! I discuss this in my article.