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Real Estate Investing – Using A Realtor’s Comparable Market Analysis For Your Self Appraisal

by admin on July 29th, 2010

Determining the value of a property is a skill a novice real estate investor should develop. While there are several methods to determine the value of a property, one simple but less accurate way to determine a home’s value is by contacting a real estate agent for comparable sales. If a home is listed or you are using the services of a buyer’s agent, these agents will happily provide this information to you without cost. Many times you can obtain a comparative market analysis for property from the listing agent. However you can’t always depend on the MLS info about the interior of the home, since many agents tend to exaggerate about the description. In addition, the info on the comparable properties provided by the agent may be biased. It’s important to remember never to depend on an agent’s comparative market analysis for a property, but to do your own research.

If you’re searching to purchase prime real estate in Orange County, try contacting these local Anaheim Hills Realtors for assistance.

From → Real Estate

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