Its a primary tool used to determine a homes asking price.
So what exactly determines the fair market value of a home?
That matters a lot.
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
Running Comps (Wait, What are Comps?)
It allows them to compare current asking prices and recent sale prices of homes in a given area.
That way youll get the most accurate picture of what truly comparable homes are selling for.
Hint: not sweat equity.
Its difficult, but necessary, to remove emotions from the equation when determining the value of your home.
No Interest Til Almost 2027?
Balance Transfer = Credit Card Cheat Code
