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How to price homes properly in a volatile housing market

Housing Wire

High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year. These are market-based decisions.” Kearney’s simple strategy for surviving as a high-volume seller in an environment where demand has dried up: listen to the market and do what it says. “As

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Is Your “Crazy” Neighbor Lowering Your Home’s Value?

Cleveland Appraisal Blog

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.

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5 Most Common Myths About Pricing a Home

Lamacchia Realty

They will only pay what they think the property is worth, and only what they are willing to pay. Some home sellers price a home according to what they want or need. A home seller may have a number in mind that they want to cover moving costs, commission, or to make a profit. Some sellers will even say, “We’re in no rush to sell.

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Mastering How to Order a Home Appraisal Quickly

AmeriMac

A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property. Understanding Home Appraisals A home appraisal is an official estimate of the fair market value of a home conducted by a licensed and impartial professional appraiser.

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Why Do Home Appraisals Cost so Much?

AmeriMac

Before buyers and sellers complete their purchasing, refinancing, or selling process, they must get an appropriate home evaluation. Typically banks only issue a loan up to the fair market value of a house. If appraisals show a reduction in the home’s value, borrowers may no longer be eligible for one.

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Why Do Home Appraisals Cost so Much?

AmeriMac

Before buyers and sellers complete their purchasing, refinancing, or selling process, they must get an appropriate home evaluation. Typically banks only issue a loan up to the fair market value of a house. If appraisals show a reduction in the home’s value, borrowers may no longer be eligible for one.

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Why Do Home Appraisals Cost so Much?

AmeriMac

Before buyers and sellers complete their purchasing, refinancing, or selling process, they must get an appropriate home evaluation. Typically banks only issue a loan up to the fair market value of a house. If appraisals show a reduction in the home’s value, borrowers may no longer be eligible for one.