 How long do I have to have used land before I can cllaim ownership? |
| I have used strip pf land beside field for many years, it is enclosed within my land, now claimed to be owned by another although never used by them. What process do I need to go through to claim ... |
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 Can my landlord put my things out? |
| ok my landlord gave me a 5 days notice ,i haven't paid rent since march and the notice says if i don't pay before 5/31 my possessions will be terminated. but she delieverd the paper her ... |
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 Moving in a couple of years time, reccomendations please..? |
| Me and my partner want to move out of Coventry (pretty self explanatory lol ), but want to be by the beach instead , were hoping to pay about £300 - about £500 really stretching it , 2 bedrooms and ... |
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 My parents are buying real estate in both their names but cant be there to sign for the closing? |
| Can they both give a power of attorney to one person and have that person sign for both of them?... |
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 I would like to purchase a home with my stepbrother but I am married.? |
| My husband is in the process of foreclosure ( i am not on the loan) I work full time as does my step brother credit is not that bad combined annual income in 90k the only debt that i have is a ... |
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 I have six months left on my lease, when can I start looking to buy a home? |
| I talk with my landlord about breaking the lease to buy a home closer to work. She told me that I will have to pay for the remainder of months, which is $875. So pretty much i will have to wait it ... |
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 How many days/months must you give your landlord before moveing out? |
I want to move out due to things wrong with the apartment (to small, basment) how long do I have to let my landlord know?
Additional Details
My landlord never gave me a copy of the ... |
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 100% Mortgages? |
| 100% Mortgages, 95% Mortgages, can I get one?... |
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 How much is the avarage utilities for a 6 person household? |
| And one person(renter) pays 25 persent of all utilities. Where can I find out information of all utilities billsfrom the last 6 month for residential housing in Wahsington State?... |
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 How can My family Avoid foreclosure? |
| My credit score has only gone up to 665 in almost a year and im having difficulty making the current morgage. Advice any1? programs to help? government help? any help?... |
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| Which is Better a PrePayment Meter or Direct Debit for Gas and Electric? |
| Single Occupent, 1 Bed Flat, usual Male toys of TV and PC. Works in Day. Wondering which is best PrePayment or Direct Debit with meter ... |
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| Is it possible to get a 100% mortgage when you are purchasing on your own and earn £13,500.00 a year? |
Additional Details
The property would be under £125,000.00. I have no monthly outgoings, have never had a loan, have good credit history and have been in my job for little over a year. ... |
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 My credit score is 507, 517, and 535.? |
| I live in Mississippi and it's hard to purchase a house. I have things on my credit report mostley from when i was in college. I am finishing up my master degree in June, therefore I have to ... |
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 Do I NEED a real estate agent??? |
| I found online the house I want, its $280,000 I called my bank they ran some numbers and said I got approved for up to a $300,000 mortgage. So dont I just contact the person selling the house and ... |
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 What is property tax and how long do you have to keep paying it??????????? |
| I am considering buying land In New York (possibly in Rye) but I am wondering what is property tax, where does it come from and how long do you have to keep paying it?... |
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 Can LandLord Do this..? |
| My Landlord came down today and gave me a Termination of Tenency notice. I have been in the house about 4 years. I have never been late on my rent. nor gave him a reason to throw me out. Is there ... |
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 If I pay 1/2 of my mortgage payment every two weeks will that have any benefit? |
| I had read somewhere that if I split my mortgage payment in two and pay it every other week it could cut years off my mortgage. If this is true can you help me with a web site I can show my husband ... |
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saratgoo | What factors are included in figuring out an appraisal for a home? |
We just bought a house and wanted to know how they determined was the appraised value was. |
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Michael Iarrobino
 |
An appraisal will compare your home to (generally) 3 recently sold, comparable homes in the same area. Ideally the homes are exactly the same, but in reality they generally have to make some adjustments in price to allow for difference such as garages, extra rooms, differences in size, etc.
For residential properties they often also will estimate the value by replacement value - what it would cost to build the same home now less depreciation for age and condition.
For investment properties they will also compute value based on an income analysis of the property.
Appraising is not an exact science, and 2 different appraisals can come out with different numbers. Ideally they would be fairly close to each other. |
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scott m
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Value is simply based upon comparing homes sales in very close proximity to yours of like properties. Age, condition, size, bedroom and bathroom count are all used in the comparison. |
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Shortstuff13
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I know the age of the roof is a very important factor. I'm pretty sure, foundation,wiring, plumbing, & heating system, are factors too. Also if there's an attached garage, that's a factor also. Some cosmetic improvements will be considered also. ie: deck, pool, new windows, etc. |
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MOM KNOWS EVERYTHING
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They base it on size, number of rooms, age and condition of the home, location, type of siding, type of roof, type of heating system, the condition of plumbing, wiring, etc,, existence of "extras" like landscaping, pool, hot tub, garage, outbuildings, and a comparison to other similar homes in the neighborhood. |
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Atheista
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It is mostly based on two things:
1. What other homes in the area recently sold for
2. Size--square footage (lot and house)
(This is why it's best to get the cheapest home in a nice neighborhood vs. the most expensive home in a neighborhood.) |
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sparklinbeeze
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they figure it out by seeing how good of condition your home is in (no major work needed = higher value) how much property goes with the house...if you have a pool, garage, or any other additions add value too... |
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R.E. Advice
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A lot of time the most important aspect is the homes in your neighborhood comparable in size, floorplan, and amenities....i.e. comps. (the ones that have sold within the last 5 or so months). Then adjustments can be made in case your home has particular upgrades like swimming pool, fireplace, wood/tile flooring, etc.
If you have a custom home, the process is more intensive, and there's other approaches an appraiser uses. Hopefully that helps too. |
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bigpuppax
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Home appraisals are based almost entirely on comparable sales. Specifically, the appraiser compiles a list of similar homes that have recently sold nearby and adjusts for things like size, age, and condition. |
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Heinz M
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Mostly via comparable, recent sales in the neighborhood. ~
http://www.zillow.com/ |
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speakingofwitch
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well, i JUST went thought this myself...and here's what i gathered...they take into account everything structural about the house (roof, foundation, plumbing, wiring, etc.) as well as "cosmetic" things that have been added to the house (pools, decks, etc.) then there's square footage, acreage of the land, property values in the neighborhood...pretty much anything you can think of AND MORE...congrats on your new home! |
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