Buying A Home
Real Estate Lingo Deciphered: What’s a “Comp?”
From Ikea product hacks to painting kitchen cabinets and refinishing countertops, Americans are absolutely hooked on the DIY craze. There are some things, however, that only a pro should tackle and that includes determining a home’s current market value. In fact, a National Association of Realtors’ survey of for-sale-by-owners found that determining an accurate price for their home was the homeowner’s most challenging task. Pricing your home too high or too low are both disastrous to your pocketbook. Real estate agents and professional appraisers pretty much use the same process to determine a home’s market value. The purpose behind the
