The Eric Stewart Group Blog
Trusted resource for local and national real estate news and trending topics, and everything you need to know about the buying and selling process.
Most homeowners have visited the Zillow website at some point to check their Zestimate value. Some are pleasantly surprised, while others are offended at the low price assigned to their beloved home. Zillow, and many other realtor websites, have been providing real estate valuations for years. So what goes into these property estimates and how much value should we be placing on the provided information?
If you are purchasing a home and financing it with a mortgage, the bank will require an appraisal of the property to determine its market value. The dollar amount the bank will lend you is based on the appraised value of the house rather than the agreed upon purchase price between the buyer and the seller.
Our Market Ready Guide provides strategic advice and useful tips to get top dollar for your house when the time comes to sell.
We had a home for which we got a fantastic price. In fact, compared to the comps in the neighborhood it sold for $75-$80 thousand above the other listings! Our clients absolutely loved us. We sold the house in 8 days, and the location and the condition definitely warranted the demand and the interest. We have a system at the Eric Stewart Group.