Home Value?!

Home Value?!

With the hot Real Estate market in Los Gatos; some home owners are getting motivated to sell their house if the price was right!!    So the math might include the calculations on how much you will need to net to avoid Short Sale!?  Another indication might be how much a house down the street sold for!!?  But how can you determine if the house down the street is a comp for your house!?  

 One crude and simple option is to use sites like Trulia who display Sold properties based on public records.   But these Sold Comps can only provide you a “crude estimate” since they offer no options to filter for unique features of a your home along w adjustments for size, age….etc.   

You could however, retain the services of a Real Estate broker or agent. This agent can request the Payoff amounts from your lender(s) to find out the if you can avoid a Short Sale and list your home for it’s Fair Market Value.    

In summary, the best way to Find your Home Value is to use the same techniques thank banks use to price their properties for sale.  And just like any other valuation method, it takes decent amount of experience to be able to Find your Home Value that can be used to market your property successfully.  So the best way to find your home value is to request an eBook on your home which will include Sales, Mortgage History, Recent Sales, Foreclosure Activity and even Fair Market Rents.  

Finally, you can Contact Us with the address of the sold property and we can pull a detailed report of the Sale along with detail information on the transaction and whether it was a cash deal or not.

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