Your Home Sweet Home:
What is it Worth?
Countless Americans diligently check the stock market everyday—on TV, online, and in print—but fail take stock of an even weightier investment: their own home. Are you among the ninety-five percent of American homeowners who are unaware of the market value of your home?
A Comparative Market Analysis (CMA) a provided by a real estate professional can bring you up to speed. As the name suggests, a CMA compares your house with similar ones on the market in your neighborhood during a specified time period. This data, combined with the value of upgrades, will give you an accurate picture of your home’s worth. Remember, however, that your personalized CMA is a “snap shot” captured in time, while the real estate market constantly fluctuates; therefore, it’s a good idea to obtain a new one each year.
The CMA is an often used market-based means of measuring value. When buying, selling or refinancing, a CMA is essential in setting price and in choosing advantageous timing. Still, there are numerous other reasons to run a CMA—to obtain a realistic picture of your net worth, to provide adequate replacement insurance, or to leverage your equity.
Request your FREE Comparative Market Analysis today:
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