article thumbnail

Appraising Fixer Uppers

Appraisal Today

The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Appraisers sought to bracket the subject using three comparable sales.

article thumbnail

The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Build Equity Every time you make a mortgage payment, you build equity in your home. Think of equity as the amount of money your home is worth after what you owe is deducted. When your home value goes up and you start paying off the loan's principal balance, that builds equity. And shop around for lenders.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Do You Want To Buy A Home Now? Avoid 9 Costly Mistakes Sellers Make. If you're looking for a personal recommendation on your situation (buying or selling a home in Houston) and how it could impact your goals, please contact Paige Martin at Paige@HoustonProperties.com. 2020 ended favoring sellers. Need To Sell?

article thumbnail

The art (and the importance) of pricing your home to sell

Cornerstone

Though we’re currently in a seller’s market, it’s still vital to set the right price for your home if you want it to sell profitably — and fast. Economic Outlook from the National Association of REALTORS® (NAR) shows that existing home prices in the U.S. Reading Time: 3 minutes. are anticipated to rise by 4.5

Sellers 55