Friday, March 12, 2010

Relate Sale Prices to Assessed Values

Almost every homeowner knows the assessed value of her property. Relating comparable sales to assessed values is, therefore, a good way to communicate with the seller.
Sometimes estimating the likely sale price is fairly straightforward based on the analysis that you have already performed. If you can confidently present price, and you are reasonably certain that the seller will not question your recommendations, great.
If, however, you anticipate that the seller wants to list her home for more than you think it is worth, then investing the time in comparing sales prices to