Find Home Value
Campbell has also seen it’s share of rising home prices and with decent school district, we are seeing more inquires from our property owners in Campbell who are testing to see if it’s a good time to sell their home and take some profits off the table. So, how can you find your Campbell Home Price to help you decide?
How can you dettermine the exact amount you will net to payoff the loans and the closing costs?
One strategy to find your home value is use publicly accessible sites sites like Trulia who publish data based on Santa Clara County records on Real Estate sales. However, these portals will only provide you an “estimate” since they offer no feature to filter for unique features of a home and no information about closing costs.
To get much better estimates you should retain the services of a Real Estate broker or agent. This Real Estate agent can request Payoff Demand from your lender(s) to find out the if you can avoid a Short Sale and list your Campbell home for it’s Fair Market Value.
And depending on the net amount and your plans, this agent can develop a marketing strategy to help you get the maximum amount for your property. In fact, we have written blogs about strategies to maximize your net proceeds from your Home Sale which we strongly recommend for everyone considering selling their Campbell home.
Interview several agents to get a better understanding on how they would market your property to get you the highest possible price. Be weary of the agents who claim they can get you outrageously high price for your home just because a home in the neighborhood is LISTED for a high price! You need to focus SOLD home prices that closed escrow within 1-3 months of today. Also, the sold comps selected to find your home value should be adjusted for size, if the comps are differ more than 300 sqft from your home’s size. Also, if the comps do not match the age of your home, to find your home value, the final valuation has to be adjusted if the homes differ in age by more than 5 years.
In summary, the best way to Find your Campbell Home Price 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.
Now that your home is not selling, what will you be your next move?
Let us know
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