cma: Taking the Right Steps to Sell Your Home - 10/18/13 05:43 AM
Even though making the decision to sell your home isn't easy, the real work - actually selling it - has just begun. Fortunately, expert help is available from your local real estate agent.You need to become familiar with your competition and establish a selling price that's consistent with comparable homes in your area. You can do online research and visit open houses yourself, but at this stage, consider hiring an experienced agent.Your agent can provide you with a Comparative Market Analysis (CMA) which details what other homes like yours have sold for. When you visit open houses, notice features that make … (0 comments)

cma: How to Value Your Real Estate Assets - 07/17/12 04:39 PM
Property valuation (or appraisal) of your real estate assets is a key aspect of property investment. It's important in the purchase and resale of a property, but also for insurance and financing purposes for the time you own the property. Understanding the valuation process allows you to assess and place an appropriate value on your property.
Cost Approach:
This is based on the concept of objective value (also known as "the cost to create"). Cost approach is particularly useful when the subject property has been extensively renovated or newly constructed. The main stages of the cost approach to value are:
Estimation … (1 comments)

 

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