Of all the steps in the home buying process, the appraisal might be one of the most important. The appraisal impacts both the buyer and seller. The home's appraised value could potentially result in a rescinded offer if the seller is not careful. If you are the seller, here is what you need to know about the appraisal.
How Does the Appraisal Impact You?
The appraised value is what your home is estimated to be worth based on various factors, including the prices of homes in your area, the amenities in your home, and its overall condition.
You have probably heard that real estate agents are not realtors. What separates the agents from the realtors is a list of things called the "17 Codes of Ethics" and a membership in a national organization that attempts to keep home selling services honest. Here is the short version of their code of ethics, and what it means for home buyers like you.
Do Not Discriminate
If a wealthy Asian American family wants to move into a predominantly Caucasian, upscale neighborhood, the realtor is withheld from passing judgement, discrimination, and/or attempting to dissuade or prevent that family from buying a house here.
If you are interested in taking advantage of the market and want to become a homeowner on your own terms, you'll want to dig into real estate and learn. By taking the time to research the housing market and homes for sale where you live, reaching out to real estate professionals, and some other great tips, you'll be in the position to find the home of your dreams. To this end, read on, and use these strategies, so you can get the most out of the process.
Replacing a roof is pretty costly. You can expect to pay anywhere from $4 to $7 per square foot for asphalt shingles and even more for specialty roofing materials like slate tiles or metal sheeting. So if you're thinking of purchasing a property for sale, it really pays to ensure the roof is in good shape first. Otherwise, you might find yourself paying thousands in repair costs just a year or two down the road.
When you shop for a home to buy, you may look at dozens of different homes for sale before you find the one you really love. Once you find the right house that is within your budget, you may want to make an offer on it. As you consider this, you may wonder how much would be a good amount to offer, and here are three factors that can help you decide how much to offer for the house.