What is the difference between list price, sales price and appraised value?
The list price is a seller's advertised price, a figure that usually is only a rough estimate of what the seller wants to get. Sellers can price high, low or close to what they hope to get. To judge whether the list price is a fair one, be sure to consult comparable sales prices in the area.
The sales price is the amount of money you as a buyer would pay for a property.
The appraisal value is a certified appraiser's estimate of the worth of
a property, and is based on comparable sales, the condition of the
property and numerous other factors.
In an entirely different class, the other group of luxury homes, are advertised locally Property in the US that is valued at over a million dollars is usually considered luxury real estate Consumers in high socio-economic groups are the target for these properties
Syndicate this Site
Get the newest real estate Information from our site delivered right to your desktop!