The Appraisal Report
The appraisal report is completed by a licensed appraiser who determines what the value of the inspected property will be. There are three methods that the appraiser will use to validate his opinion i
http://www.brokeroutpost.com/reference/63624.htm (Updated: 09/06/2007)
Related Reference Topics: [appraisal, appraiser]

Residential Short Sales
When you can no longer afford to make monthly mortgage payments, a short sale is an alternative to Bankruptcy or Foreclosre. A short sale is when your lender will take less than what is owed on your h
http://www.brokeroutpost.com/reference/157891.htm (Updated: 08/31/2007)
Related Reference Topics: [upside down mortgage, foreclosure, late payments, ]

Why is my House not Selling?
Do you feel your house been on the market for too long? Whether you are a fsbo or you are working with a realtor if your house is not recieving any offers you should research the houses in your area
http://www.brokeroutpost.com/reference/26945.htm (Updated: 05/25/2007)
Related Reference Topics: [realtor, fsbo, overpriced, sales]

Real estate agent
An individual who is licensed to negotiate and arrange real estate sales; works for a real estate broker.
http://www.brokeroutpost.com/reference/11045.htm (Updated: 05/23/2007)

How can I find out my home's value?
You can check with a local Realtor. They have access to comparable sales and can give you a pretty good idea what homes are worth in your area.
http://www.brokeroutpost.com/reference/58475.htm (Updated: 05/22/2007)
Related Reference Topics: [appraisal, home value, house worth]

Why is my home worth less today?
Many Homeowners are asking, "Why is my home worth less today than it was 3 years ago or even 6 months ago?". There are many factors that go into determining a home's worth but the biggest factor is th
http://www.brokeroutpost.com/reference/120227.htm (Updated: 05/08/2007)
Related Reference Topics: [declining values, depreciation]

What does an appraisal consist of?
When appraising a home, the appraiser will usually find 3 comparable properties in the same area, and compare the sales prices of the 3 to come up with a value for your home.
http://www.brokeroutpost.com/reference/59923.htm (Updated: 04/02/2007)
Related Reference Topics: [appraisal]

What's my house worth?
When looking to refinance, many borrowers ask the question, "How much is my home worth?" The most accurate way to determine the value is to get a professional appraisal done on your home. To get a
http://www.brokeroutpost.com/reference/53141.htm (Updated: 09/06/2006)
Related Reference Topics: [appraisal, home value, house value, avm]

What are comparable sales?
Comparable sales are similar homes that have sold nearby, and the price that they have sold for. Comparable sales are used by appraisers to help them in giving an estimation of value for a home.
http://www.brokeroutpost.com/reference/30512.htm (Updated: 08/14/2006)
Related Reference Topics: [comp, comparable, comparables, comps]

Property Taxes
Property Taxes This is the one closing cost that is often prorated between the buyer and seller. If the seller has already paid the annual property taxes, the buyer typically reimburses the seller fo
http://www.brokeroutpost.com/reference/23624.htm (Updated: 06/14/2006)

Online Property Value Estimators
Online value estimation sites are a good way to get an "IDEA" of what your home may be worth if you were to sell your home. You need to keep in mind that these estimates are based off of tax records
http://www.brokeroutpost.com/reference/23612.htm (Updated: 04/06/2006)
Related Reference Topics: [appraisal, estimates]

Whats the best time of year to buy a house
The time of year you buy your house can affect pricing a great deal. In some states real estate sales slow down in the winter months and sellers will be more open to offers they may not have considere
http://www.brokeroutpost.com/reference/26065.htm (Updated: 03/11/2006)
Related Reference Topics: [home buying, market conditions]

Appraisal Report
An appraisal is a report that provides an opinion of value of the subject property and supports that opinion with the utilization of 3 approaches: a comparable sales approach, a cost approach, and an
http://www.brokeroutpost.com/reference/23614.htm (Updated: 03/03/2006)
Related Reference Topics: [appraisal, appraiser, licensed appraisal, 1004]

The Lending Process
The Lending process starts with interest from the borrower in either buying a home or refinancing. When thinking about buying a home many people start to look for houses first. The first step should
http://www.brokeroutpost.com/reference/13642.htm (Updated: 02/19/2006)

Commission
An amount, usually a percentage of the property sales price, that is collected by a real estate professional as a fee for negotiating the transaction.
http://www.brokeroutpost.com/reference/10988.htm (Updated: 02/14/2006)