Evaluating Your Home
• Most buyers today require some form of financing to purchase.
This means an appraiser will be involved.
• Banks can only finance the Appraised Value or the Offer Value,
whichever is the lesser of the two.
• The appraisal method of determining value for residential real estate
is customarily the Comparison Approach.
• Appraisers use the same database of information as realtors to
determine property values.
The following information drawn from the MLS database
will guide you in making an educated decision on the
LISTING PRICE of your home.
An appraiser determines value based on
WHAT BUYERS ARE WILLING TO PAY for properties
comparable to yours in today’s marketplace.
EMAIL FIOR For a comparitive market analysis for the purpose of selling.