Tag: Home Value

Posted on 11/05/2023

A beginner's guide to PITI & property taxes

PITI is an acronym for principal, interest, taxes and...

Home Value

Mortgage Lenders

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Posted on 09/03/2023

Ad valorem tax & other important tax terms to know

Ad valorem is a Latin term meaning "according to value."...

Ad Valorem

Assessed Value

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Posted on 04/17/2022

Key Variables Affecting the Value of Your Home

The difference between home price and home value causes confusion for many buyers and sellers. Both price and value are a combination of many variables that are constantly changing. Understanding what can affect home value will help you understand and navigate the market. Here are the key factors that go into determining a home’s value: Comps “Comp” is...

Home Value

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Posted on 05/02/2021

Is Your Residence Worth Less Than You Originally Paid for It?

Let's face it – determining how to price a home is rarely simple for a seller. In some instances, your home may be worth less than you originally paid for it. Ultimately, if you failed to maintain your house over the years, various home problems may crop up when you decide to list your residence. If these issues go...

Home Value

Selling Your Home

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Posted on 03/28/2021

Lighten Up: How a Garden Window Can Boost More Than Your Home Value

Photo by Polina Tankilevitch from Pexels If you're searching for a simple home upgrade that is cost effective and will boost your resale value and your mood, we have the solution. Consider adding a garden window to your new or existing home. Garden windows are designed to help houseplants flourish by bringing in more natural light, but they...

Home Value

Replace Windows

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Posted on 07/19/2020

Setting the Fair Market Value

Image by Andrey Popov from Shutterstock The term "fair market value" is the price at which an interested but not desperate buyer is willing to buy and a motivated but not distressed seller is willing to sell on the open market in your location. The set value depends on recently sold similar-sized homes with like amenities, upgrades, and...

Market Value

Home Seller

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Posted on 02/23/2020

Can Easements Affect Property Values?

Image by Zach Schorr from Pixabay Whether you’re buying or selling a home, you might discover there is an easement attached to your property. If so, you’re probably wondering how this affects your property values. What is an Easement? In a nutshell, an easement is for one person to have explicit permission to have use of another person’s...

Property Value

Property

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Posted on 12/01/2019

Buying a Home? Here's How to Use Appraisals and Self-Assessment to Determine the Right Price

Shopping for a house is a high-stakes game. If you’re a first-time buyer, it can be difficult to gauge the value of various components and features of a home. Appraisals are designed for just this reason. However, an appraisal is a subjective tool to determine a rough estimate. Furthermore, there are a number of things you can’t learn from...

Appraisal

Buying A Home

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