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Quickly Find Out What that Home Down the Street Sold For, By Email, for Free. If you are considering selling your Plano, Frisco, Allen and McKinney, Texas home, you are probably wondering what other homes in the area are selling for. There might be one home in particular that you'd like to know the sale price on, or you might be interested in all the homes that have sold recently in your Plano, Frisco, Allen and McKinney neighborhood. We can help! We can tell you exactly what any home sold for in your area. We will furnish you with a list of homes that have recently sold on your street or in your neighborhood. We can also tell you about homes similar to yours that are currently for sale. This service is entirely free, without obligation. As top Plano, Frisco, Allen and McKinney real estate agents, this is part of the service that we provide to home sellers on a daily basis.  Find out what a home or property sold for, by email, for free! It's our job to help you determine real estate values in Plano, Frisco, Allen and McKinney! There's no obligation, and we promise to get back to you quickly...
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About Appraisals >Three Caballeros
When you buy a house or refinance your present home, your lender will ask you to pay for an appraisal to help ensure that the sales price and mortgage amount is consistent with the property's market value. The appraiser will look for "three caballeros" or three "comparables" -- homes that are very similar to the one you are buying -- and will make adjustments to reflect the differences between the properties.
Housing patterns tend to be homogenous, meaning that homes worth $300,000 are usually located in $300,000 neighborhoods. It is important for properties to be within the general pricing patterns of their neighborhoods because over-valued homes, even if they are exceptional, are sometimes difficult to sell at full market price.
This is not the only factor considered in determining the worth of a property, but it is an important one. The buyer or seller may view the property as a home or an investment, but lenders view it in a completely different way. To a lender, property means security in the event a borrower fails to repay a mortgage. Therefore, lenders must know real estate values in order to limit their risks.
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Fewer than 2 percent of homeowners build this type of home:
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| A |
Fewer than 2 percent build a custom home; most buy an older home or select from a home builder's menu. |
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ERA North Point Team
ERA North Point Realty
3829 W. Spring Creek Pkwy, Suite 106
Plano, TX 75023
972-265-5151
Fax: 214-556-1187
normawall@NUMBER1EXPERT.com
Norma takes pride in exercising the highest professional ethics, and always puts her clients' interests first. She will give you remarkable service! Her professional designations include: CRS, GRI, ABR. As one of the top realtors in Dallas, call or email Norma today!
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