Are you thinking about selling your home but you're not sure what it is worth? Let Roy assist you in establishing the right Value!
Fair Market Value by Roy Lopez;
The fair market value of your home reflects historical values or comparable sales that have occurred within the last six to nine months, as well as competing properties for sale that are similar (Supply and Demand). Pricing of your home may be affected by economic and political conditions, mortgage rates and costs to obtain those rates, seasonality, your motivation, terms of sale, property condition, and location. Appraisers are mostly concerned about the historical information. It is up to me to extrapolate the other components affecting value and determine how they affect the price of your home. The historical prices of homes sold are then compared to market price demand and supply and then establish a pricing range depending on the location of your home. Appraisers MUST confirm that your historical values are in sync with the market value and they match the purchase price on the purchaser's contract. Realtors do not establish the ultimate price of what a home will sell for, it’s determined by the market demand and supply. Realtor’s primary function is to suggest a realistic price for your home and implement the marketing plan to achieve a sale of your home.
Additional information is available upon request. Please email me with your questions and I will respond to your request. Thank you!
303-888-7800 or direct line 303-967-2681, or email roy@roylopez.com