When looking at property records, it seems that most houses have a much lower assessed value than what the home actually appraised and sold for. Why is this?
For instance: A home is appraised for $100,000, yet the county’s assessment of the property is only $69,000.
Boca Raton is amongst the most expensive and well maintained cities in South Florida. The city enjoys all the charm that Florida has to offer. Its picturesque architecture enchants a large number of visitors and residents alike. It offers a great relaxation place to many swimmers, snorkelers and sun seekers. Boca offers luxurious accommodation [...]
What Actions Can Be Taken When An Appraiser Uses Strictly Foreclosed Properties To Come Up With My Home Value?
Author: Rob // Category: Q&AI HAD MY HOUSE APPRAISED AND WAS LET DOWN DUE REPOS WERE USED 4 OF 6 COMPS AS IF THEY WERE SOUGHT, RECENT SALES OF HOMES SHOWS 80% OF VALUE IGNORED,JUST IRRATATED NOT LOSING MY HOME!OR BEHIND
It’s all in the look and feel of the home. Garden fountains and decorative landscaping can make or break a sale.
Time after time, realtors have vowed that landscaping does not necessarily increase the value of a home. They continue to attest that home value is based on square footage, [...]
Can Your Mortgage Lender Require Pmi When Your Home Value Decreases?
Author: Rob // Category: Q&ABought my home in 2007 with 20 % down. Never wanted to have to pay PMI. With current home values I may only have 10% equity now. Can the lender require PMI under these circumstances?
We live in a 3-bedroom, 1 bath home. The garage was converted to create the 3rd bedroom. There is currently a concrete driveway graded to an incline, but it has an odd bump in it that makes parking on it nearly impossible for most cars.
If we had the driveway repaved to a flat surface, would [...]
Pools, Spas And Hottubs Can Boost Your Homes Value And Enjoyment
Author: Rob // Category: ArticlesAfter a hard day’s work, nothing can relax you like a dip into a hot tub, pool or spa. The great thing about a hot, tub pool or spa is that they don’t just make your home more enjoyable, they also make it more marketable.It’s a fact that adding a hot tub, pool or spa [...]
There are several steps that homeowners can undertake before marketing their home to obtain the best probable price. The first step is to appoint a home appraiser to give you an appraisal. When locating a home appraiser, it is important to choose a reputable expert. Asking neighbors and real estate agents will assist in your [...]
Foreclosure News: Many States Still Experiencing A Drop In Home Values
Author: Rob // Category: ArticlesAccording to foreclosure news in a number of states, the prices for foreclosed properties are still dropping despite the presence of some positive economic indicators in several states. Some experts suggest that investors and other home buyers can delay their purchase a little bit if they are planning to acquire foreclosed homes. At least five [...]
I am looking into getting an appraisal and would like to what what to consentrate on before the apprasier gets to my house.