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Prior to selling your home it is necessary to determine a fair selling price. This is done by preparing a "market analysis", a report compiled of homes in your neighborhood that have sold in the recent past (no more than 6 months ago). The data considered in the report includes:
In addition external factors are taken into account. These would be:
Taking all these factors into account, a professional Realtor can determine a reasonable asking price for your home. A price that you could expect a buyer to pay AND an appraiser to confirm. When you have the data to back up your asking price getting an appraisal to substantiate is easy! Without a credible price the sale may never come or worse you could find a buyer but only loose them when the appraiser cannot approve the sale price. resulting in loss of financing. If you would like a professional appraisal of your Denver Metro area home, please contact the weselldenver.com team. Click here to email. |
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