I've learned these tips through experience. But I know that YOUR situation might be different. That's why I'm here.
It's my job to personally advise homebuyers and sellers. Ask me if any tip that I've included here really applies to your situation.
Do any of these tips raise questions for you? Didn't find what you're looking for? Let me know! I am happy to answer ANY questions. It's my job! There's no obligation, and I promise to get back to you quickly...
"A model of how the Internet can facilitate the process of deciding where to send your children to school" - America's Best School Profiles by The Heritage Foundation
When you buy a house or refinance your present home, your lender will ask you to pay for an appraisal to help ensure that the sales price and mortgage amount is consistent with the property's market value. The appraiser will look for "three caballeros" or three "comparables" -- homes that are very similar to the one you are buying -- and will make adjustments to reflect the differences between the properties.
Housing patterns tend to be homogenous, meaning that homes worth $300,000 are usually located in $300,000 neighborhoods. It is important for properties to be within the general pricing patterns of their neighborhoods because over-valued homes, even if they are exceptional, are sometimes difficult to sell at full market price.
This is not the only factor considered in determining the worth of a property, but it is an important one. The buyer or seller may view the property as a home or an investment, but lenders view it in a completely different way. To a lender, property means security in the event a borrower fails to repay a mortgage. Therefore, lenders must know real estate values in order to limit their risks.
Jennifer Kelly RE/MAX Alliance 4703 A Boardwalk Drive. Fort Collins, CO 80525 Cell: 970-581-9005 Direct: 970-206-8247 FAX: 970-225-0118 jenniferkelly@NUMBER1EXPERT.com
You are important to me and I am passionate about real estate!! I love helping buyers, sellers, investors, and those in a distressed situation get RESULTS!!!
I recognize the huge value the internet plays in the real estate market today. Therefore, my marketing efforts for my Buyers/Sellers rely heavily on links with 25+ on-line real estate resources -- helping both Buyers and Sellers achieve their real estate goals!
I enjoy real estate and would welcome the opportunity to help you and your family to meet your real estate objectives.
Contact me TODAY!!
- NUMBER1EXPERT 
