Teresa Hames REALTOR(r) for Topanga Canyon, Malibu and Pacific Palisades, California real estate, Ocean View, Canyon view, Country living, Luxury Estates, Horse ranches, Equestrian Property
Teresa Hames Realtor, Topanga, Malibu, Pacific Palisades, Real Estate, GRI, e-PRO, Prudential Malibu Realty, Malibu Association of Realtors

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    Teresa Hames, Topanga Real Estate, e-PRO, GRI, Malibu Real Estate, Prudential Malibu Realty

    Teresa Hames, Topanga Real Estate, e-PRO, GRI, Malibu Real Estate, Prudential Malibu Realty

    Topanga Properties


  •   What is appraised value?


    • Appraisals provide an objective opinion of value, but it.s not an exact science so appraisals may differ.

    • For buying and selling purposes, appraisals are usually based on market value . what the property could probably be sold for. Other types of value include insurance value, replacement value, and assessed value for property tax purposes.

    • Appraised value is not a constant number. Changes in market conditions can dramatically alter appraised value.

    • Appraised value doesn.t take into account special considerations, like the need to sell rapidly.

    • Lenders usually use either the appraised value or the sale price, whichever is less, to determine the amount of the mortgage they will offer.

    Used with permission from Kim Daugherty, Real Estate Checklists and Systems, www.realestatechecklists.com

    Teresa Hames, topanga canyon real estate, malibu, california real estate, horse properties, equestrian estates, ocean views, country living

    Copyright 2005-2016 Teresa Hames DRE Lic. # 01444436 - Topanga and Malibu Real Estate Agent
    REALTOR serving Topanga, CA 90290, Malibu, CA 90265, Santa Monica, CA, and beyond!