Tag

subject home

Facilitated Deals and Stealth Comp’s

Under Off the Radar In theory, to do a market analysis for a given home, you (“you” being a Realtor or Appraiser) log on to MLS, and do a search for similar, nearby homes that have sold within the last six months. Those are called “Comp’s,” and the magic number is three, good ones. Step...
Read More

"Why Didn’t it Appraise?"

Multiple Choice Quiz Test your knowledge of today’s real estate market, and answer the following question: Which of the following are to blame when a home does not appraise pursuant to a Purchase Agreement and mortgage application? (Note: the home being appraised is called the “subject home”; its peers, which establish value, are individually known...
Read More
1 2 3

Archives