Real Estate Appraisal - Monopoly Parker Brothers’ Real Estate Trading Game
February 28, 2007 on 4:00 am | In Real Estate Appraisal | No Comments
Monopoly Parker Brothers’ Real Estate Trading Game Customer Review: this came with my system
i bought the system at a garage sale for 10 can. and it came with 5 games this , dk country the lion king and super mario rpg and top gear i hate the auction part but i love the rest
Real Estate Appraisal - Operating Systems Home Inspection from A to Z - DVD - Real Estate Home Inspector, Homeowner, Home Buyer and Seller Survival Kit Series
February 27, 2007 on 8:02 am | In Real Estate Appraisal | No Comments
Operating Systems Home Inspection from A to Z - DVD - Real Estate Home Inspector, Homeowner, Home Buyer and Seller Survival Kit Series Don’t let your dream house be a nightmare in disguise! Everything you need to know about Real Estate - from Asbestos to Zoning. This 5-star rated DVD has over an hour of video and as an added bonus you also get the 80 page HIB DVD Companion Guide e-Book. This DVD shows the precise steps to follow to inspect all of the OPERATING SYSTEMS of a home.
The OPERATING SYSTEMS DVD topics include: heating systems (gas, oil, steam, hot water, and hot air heating), air-conditioning, water heaters, plumbing, well water system, septic system, electrical system, gas service, and auxiliary systems. Health Concerns topics including: asbestos insulation, radon gas, and water testing.
The INTERIOR and EXTERIOR inspection topics are covered in our other DVD that can be purchased separately. The INTERIOR and EXTERIOR DVD topics include: roof, chimneys, siding, eaves, gutters, drainage and grading, windows, walkways, entrances and porches, driveways, walls and fences, patios and terraces, decks, swimming pools, exterior structures, wood destroying insects, garage, kitchen, bathrooms, floors and stairs, walls and ceilings, windows and doors, fireplaces, attics, ventilation, insulation, basement/lower level, water penetration.
This is definitely the best home inspection DVD series on the market! Created by Guy Cozzi who is a licensed appraiser, home inspector, consultant, and real estate investor. This top selling author has been quoted as a real estate expert by the New York Times and many other publications. He has been a guest speaker on real estate investment TV shows for years. Guy Cozzi has taught thousands of people how to inspect, appraise and invest in real estate and provides advice to many banks and mortgage lenders.
Customer Review: Excellent DVD! We use this to train our home inspectors.
I own a very successful home inspection business in California. We use all of this authors products to train my staff since they are the by far the best products for real estate training on the market. We originally found out about these products through excellent book reviews in the local real estate publications. From that we learned the following details and decided to purchase the whole “Real Estate From A to Z” series by this author:
Nemmar Real Estate Training is ranked as the most exclusive real estate appraiser training, home inspector training, and real estate investor consulting service since 1988. Our real estate books, DVDs, CDs and Videos are rated number one in their real estate categories nationwide! Our products have taught thousands of home buyers, sellers, and real estate professionals worldwide. You too can learn everything you need to know about Real Estate - from Asbestos to Zoning. With this knowledge you will save thousands of dollars when you buy, sell, or renovate your home. You will also learn how to eliminate safety hazards and properly maintain a home. Statistics show an average savings of at least $4,700.00 per home for customers who have our books and DVD videos. Our real estate investment, home inspection, appraisal, and home improvement books have been called the “Bible” of the real estate industry. Written by Guy Cozzi, who has decades of experience as a licensed appraiser, home inspector, consultant, and real estate investor. This top selling author has been quoted as a real estate expert by the New York Times and many other publications. He has been a guest speaker on real estate investment TV shows and has taught thousands of people how to conduct home inspections, real estate appraisals, and how to invest in real estate. He also provides real estate advice to many banks and mortgage lenders.
When a home goes on the block: Foreclosures are pinching home (Real Estate Appraisal) values
February 26, 2007 on 9:01 am | In Real Estate Appraisal | No CommentsWhen a home goes on the block: Foreclosures are pinching home values
Real estate agents say home values have eroded in some neighborhoods that have experienced multiple foreclosures.
Newly Formed Priced Under Appraisal, LLC Launches Unique Real Estate Web Site
SARASOTA, Fla., Feb. 7, 2007 — Priced Under Appraisal, LLC announces the launch of www.PricedUnderAppraisal.com. This innovative and unique Web-based platform designed by Sarasota Web Agency, GravityFree, is aimed at filling a growing niche in the real estate market by combining real estate agents, homebuilders, motivated sellers and value buyers.
Real Estate Value (Real Estate Appraisal)
February 26, 2007 on 9:00 am | In Real Estate Appraisal | No Comments>
What is real estate value? It isn’t what you have into your house. It isn’t what you feel it is worth. It is what the market will pay. How do you figure out what the market will pay? For single family homes, the best way is by seeing what similar homes have sold for.
Figuring replacement cost isn’t very useful. It’s difficult to say what land is worth in a city center where none is left for sale, for example, and tough to gauge depreciation of the home itself. Valuation from replacement cost is used as a secondary method, and for unique homes that can’t be compared easily with others. However, the primary method of real estate appraisal used for homes is a market analysis using comparable sales.
Real Estate Value 101
First find at least three similar homes in the same area that have sold within the last year, and preferably within the last six months. You can find this information is in county records (sometimes online now), or from a real estate agent with access to the multiple listing service. Make sure you have the basic sales information: sales price, terms of sale, description of the property, etc.
Here is how you use this information to find real estate value. Write down the selling price of your first comparable. Review the description item by item, adding to the sales price of the comparable for each thing it doesn’t have that your subject home has, and subtracting for each thing it has that your subject home doesn’t have.
This sounds confusing, but it will make sense once you try it a couple times. For example, if your subject home has a second bathroom, and the a comparable doesn’t, you add the value of the bathroom to the sales price of the comparable. If a comparable home has a blacktop driveway, and the subject home doesn’t, you take the value away. What you are doing is rectifying differences, to see what the comparable home WOULD have sold for if it was just like yours. Suppose a comparable sold for $140,000, with one less bathroom than your subject home, and a bathroom is worth $15,000 in your area (ask a real estate agent for help with these figures). You ADD $15,000 for the bathroom it doesn’t have. You subtract, say $4,000, for the paved driveway it does have, that your home doesn’t have. $140,000 plus $15,000, minus $4,000 gives you a comparable sales price of $151,000.
Do this with all differences between the subject home and each comparable. Once done, average the three comparable prices. If, for example, the three comparables now have adjusted sales prices of $151,000, 162,000, and 149,000, add the three figures and divide by three. The indicated value of the home is $154,000.
All appraisal is an inexact science. You might only find comparables sold over a year ago, and have to estimate appreciation in the area. If a comparable sold with seller financing, you have to decide how much this affected the price. Still, for all of it’s flaws, for single family homes this is the most accurate method for finding true real estate value.
About the Author
Steve Gillman has invested in real estate for years. To learn more, get a free real estate investing course, and see a photo of a beautiful house he and his wife bought for $17,500, visit http://www.HousesUnderFiftyThousand.com
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