Posts with tag home valuation

Is That House Worth the Asking Price?

With home values all over the map and local markets faring very differently in the wake of the housing bust, how do you know if the seller's list price is on the money? For most buyers, it starts with what's known as comparable properties, or comps. In theory, a seller could price their home however they please -- but... Continue Reading »

Home Appraisals: 5 New Truths

Do you know how much your home is really worth today? Have foreclosures affected its value? Can you trust the appraisal? "Homeowners don't know what's going on around them anymore," says Kim Bradley, of Marquee Properties, a full service realty company in Northern Virginia. A lot of the confusion centers on... Continue Reading »

Appraisals: New Rules to an Old Real Estate Game

When President Obama signed the Dodd-Frank Act in late July, he ended the controversial Home Valuation Code of Conduct or HVCC, now set to expire in 90 days. HVCC was implemented in May 2009 by the Federal Housing Financing Agency "as an attempt to improve the independence of appraisers by prohibiting lenders and third... Continue Reading »

Sarah Palin Shoots Wolves; Home Prices

Sarah Palin may enjoy hunting wolves via helicopter, but, nearby homeowners might want to ask about her ability to shoot down something else: the valuation on her Wasilla home. The Palin home is worth a lot less than her neighbors' homes -- reducing her property tax obligations. If Palin isn't paying her fair share,... Continue Reading »

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