Want the most current listing information? Need local real estate advice? Call me:800-409-7062.
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Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You!
It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request my free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced.
The Status Report that you'll receive by email will also include other important information that has been left out or that is available to me through my professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more.
Remember: As a York County, South York and East York area real estate agent, it's my job to know more about a property than any web site. Make sure you have the most current information!
About Appraisals >Fair Market Value
What is the best price for a piece of real estate? Mortgage lenders, appraisers, and real estate brokers use what is called the "fair market value" (FMV). FMV has been defined as "the price that a buyer is willing to pay and the seller is willing to accept, when both parties are knowledgeable about the property and neither is under any time pressure to buy or sell". Sounds great, but how is this price determined?
The starting point for determining a fair price may be an opinion of the value or "comparative market analysis". Such an analysis uses information on similar properties which are: 1) currently for sale, 2) already sold, or 3) expired properties (those which did not sell). Local, national and international trends and market conditions must also be evaluated.
By comparing similar properties in each of the three categories and the market conditions, appraisers, lenders and agents come very close to the maximum price that buyers would be willing to pay for a house.
Erika Mueller RE/MAX Patriots 1770 E. Market St. York, PA 17402 Direct: 717-880-7620 Fax: 800-409-7062 Toll-free: 800-409-7062 info@CallErika.com
I've been practicing real estate for over 25 years and I would love to assist you with your real estate needs. Put my marketing and selling expertise to work for you!
www.CallErika.com
is brought to you by Erika Mueller, real estate for
York County and Surrounding Area, Pennsylvania