What Are Comparable Sales? » Mortgage Masters Group

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Apply Now. shannon curry bartnick is the President of Mortgage Masters of Indiana, and is originally from Bloomington, Indiana. She began her career in the Mortgage industry in 1995, and relocated to Evansville in the year 2000. Shannon resides in Newburgh, Indiana with her husband Chris and two sons, Luke and Logan.

Commercial Mortgage: 04/27/05

The Sales Comparison The most important tool an appraiser uses when valuing a home is "comparable sales." This refers to the prices of homes of a similar age, size and construction to the property being appraised that have recently sold in the same neighborhood.. Mortgage Masters Group.

Setting the asking price of your home involves numerous pieces of the real-estate puzzle, not just the property tax value. Look to recent, nearby sales of similar homes, which are called comparables. And if you have a recent appraisal (no more than two years old), this will also help set the price.

The Impact Staging Your Home Has On Your Sale Price [INFOGRAPHIC]

Explanation of comparable sales. Tips for how to find comps and why you need to know the comparable sales before buying a home.. Mortgage Masters Group Mortgage Masters Group NMLS Branch ID#: 373290 phone 772-340-4003 email doug@mortgagemastersgroup.com 481 SW Port St. Lucie Blvd. Ste. A Port.

If you see a nearby home with a price that seems off the mark, there must be a reason. Dig deeper to uncover what it is, and realize that the home may not, in fact, be a comparable one. Go see homes for sale. Rarely does anyone decide to sell overnight. Once you realize a sale is in your future, get out and see what’s in your market.

You can sell your house to your children for any price. The difference between the fair market value of the house and the $1 sale price is considered a gift for federal tax purposes. You’ll need.

Fannie Mae Adjusts Comparable Sales Guidelines, Solar Policy Fannie Mae released on Dec. 16 its updated selling guide for single-family homes, which includes an adjustment to comparable sales that eliminated the 15 percent net and 25 percent gross adjustment guidelines.

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