1. Sales ComparisonThe Sales Comparison method of valuation is the number one most popular valuation method in home appraisals. The reason why this method is so popular is because of its very simple concept. Comparing the home being appraised to other homes that have recently sold.This is the method used
When you first start the home selling process, it’s easy to quickly become overwhelmed with all the steps, documents, and legal hoops that you must jump through. What’s even worse, most homeowners looking to sell their property need a real estate professional or attorney to even understand half of the
When getting your home ready to sell and putting it up on the market there are many different things involved. You’ve probably heard many new terms that you are unfamiliar with. One term that many clients are unfamiliar with is ARV.ARV stands for After Repair Value. This term means pretty
Appraisals can be important for many different reasons. You need an appraisal when trying to buy or sell a home, when trying to get a large bank loan you will need to get any collateral appraised, and you will need an appraisal if you are trying to refinance your home.
It’s no secret that hurricanes devastate many coastal cities all across the U.S. every year, but what does this devastation truly mean for those who call the coast home? Hurricane Dorian has been ravaging the Bahamas and has thankfully avoided Florida. However, hurricanes and severe tropical storms have devastated Florida
The market value of property sounds like a fairly simple idea, especially when talking about the real estate market, right? You might be thinking, “market value is how much a property will sell for if it is put up on the market”. This is true in the simplest terms, however,
When it comes to selling or buying a home there are a lot of different factors that you need to keep in mind. One of these important details is having a private appraisal done on the property. Most people don’t know what an appraisal is until they decide to buy
It's not a secret that renovating your home when getting ready to sell is a great idea. Renovations such as painting will make your home look nice and entice buyers to look inside but did you know painting can be the #1 most cost effective way to increase your homes