Many factors impact the calculation of a home value. The amount of land that comes with a home and its location are two important issues to consider. The home values of comparable properties also affect the home value calculation. Look here for more information about how to calculate your home value and how to improve its worth. There are websites that can assist you in determining the values of homes in your area and real estate agents can also come up with an estimated value for your home.
A home owner has taken out several mortgage loans but is unsure of her home's value. She worries the home value won't be enough to refinance or sell and pay off the mortgage loans. How can she determine an accurate home value?
When you're doing a 1031 tax exchange you need to follow three rules for identifying property. The three property rule allows you to consider three replacement properties without taking their fair market value into account. If you're looking at more than three properties for a 1031 exchange, you may be subject to the 200 percent rule or the 95 percent rule. Learn what these 1031 exchange rules are.
How long does title insurance last? What is the dollar value of a title insurance policy? Does title insurance cover the full property value? How do property value changes affect title insurance? Watch this video to learn the answers to these title insurance questions.
Does having a pool in a townhouse community raises the value of each townhouse. This depends on whether other local townhouse communities have pools. A pool will cost townhouse residents more in fees and upkeep, but if it's the only pool in the area it can help increase your townhouse's value.
What makes for a good garden design, which then enhances home design? Garden design includes envisioning how the garden will change with time and how it affects your home designt. Garden design should also factor in house or home design. Learn tips from garden design expert Sarah Susanka.
You may have heard all about synthetic stucco, and how many homes with synthetic stucco coverings suffer water damage. But is it worth it to replace synthetic stucco to improve a home's value? Even if your EIFS, or synthetic stucco, has been problem free, there may be a stigma around synthetic stucco. Before deciding whether to change the synthetic stucco siding on your home, it may be worthwhile to consider your home in comparison to others in your neighborhood.
Mortgage lenders require appraisals before issuing home loans. What happens if the home you want to buy appraises lower than what the seller wants? It depends on the contract. The buyer may lose his earnest money if the home does not appraise out and the seller is unwilling to lower the price. It's up to the buyer to cancel the home buying contract if the contract permits him to do that.
A seller asks about selling his home for a lower home value than its appraisal value. He wonders if selling for a lower home value could be illegal. A wrong home value could lead to mortgage fraud or call the appraisal into question.
Real estate market conditions used to be favorable to home owners. Home values were high and interest rates low, making real estate market conditions favorable to home owners. Now, home owners may feel glum about the real estate market conditions but they should improve after the presidential election. Real estate market conditions include interest rates and home values.