Posts Tagged ‘no comparable’
No Comps
In my work world of Real Estate the comps (aka comparable) really matter when it comes to learning the market value of a particular house (aka: subject property). It’s actually a comparison of one property to another that is similar in location, size and current condition. The value of the property is largely determined by…
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One of the challenging things in Real Estate world is that the true value of a property is not what someone is willing to pay for it. The value of a home is based on the comparable homes that sold in the area. It becomes frustrating when selling homes in a rural area and the…
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