|
|
|
What's it worth? The best place to start is by looking objectively at the real estate market itself, and allowing sale prices of comparable homes in your neighborhood to guide you in establishing a realistic asking price. While no two homes are exactly the same, your goal is to find three comparable homes that have sold in the last year situated as close to your home as possible. By compensating for differences in these other sales, you can arrive at an estimate of what a typical buyer might be willing to pay for your home. Basically, that's how an appraiser decides what your house is worth. Complicating the issue is the fact that you probably will not be able to be objective in evaluating your own house. Because you live there, you likely have a bias in favor of your own home's features. That's why you bought it in the first place. To get an outside opinion of your home's real value, you have two choices: realty agents and appraisers. I believe it makes sense to get multiple opinions. But remember that real estate appraising is an art, not a science. It is nothing more than an educated guess at what your house is worth at this moment in time.
|
|
Upcoming Events
PowerHouse
2008
Three Great Topics in One Seminar
September’s all-new seminar teaches you three proven real estate strategies which are making money for investors today.
I call it PowerHouse2008, because it combines three workshops into one presentation. Here are our three topics:
Hour #1: REO, Rehab & Refi Workshop
Hour #2: Lease To Purchase Cash Machine
Hour #3: LLCs & Asset Protection
This 3 hour session is guaranteed to bring you up to date on the current market,and get you off your assets right away. Sign up now before these events sell out. Course handout covers all topics presented. Advance tickets are $69 for one, or $99 for any couple.
Tickets at the door are $100 per person.
- Saturday, 9/06, 2-5pm, Simpsonwood Conf. Ctr. in Norcross
- Tuesday, 9/09, 6:15-9:15pm, Holiday Inn Chamblee Dunwoody
- Thursday, 9/11, 6:15-9:15pm, Holiday Inn ATL Airport North
- Saturday, 9/13, 2-5pm, Marriott Century Center Hotel Atlanta
Detailed information is
available under "Seminars."
This program is approved for 3 hours continuing education.
The Real Estate Investor's Institute will be held at Emory University's Center for Lifelong Learning on September 20, 21 & 22, 2008. Make plans to attend.
Detailed information is
available under "Seminars."
This course is approved by the Georgia Real Estate Commission for 12
hours of Continuing Education Credit. Agents must bring license number.
|
Essentials