should be obvious by now to anyone paying attention that the markets are not in need of more liquidity. Through the initial $300 billion Troubled Assets Relief Program (TARP), the US Treasury invested in banks and bought special classes of preferred stock. In response, the banks receiving TARP money essentially hid it in the vault Buyers depend on appraisers and inspectors, as a rule, to check out construction details but tend to rely on their own feelings and impressions of how houses look and feel to make their buying decisions. Five tips for positively influencing those decisions with ease follow, It is normally important for any valuation or appraisal report to distinguish arms length sales transactions from short sales, R.E.O and investor driven sales because the R.E.O, investor and short sale represent the minimum collateral value of the property and not the value that would be paid by a buyer intending to occupy with the expectation of quiet enjoyment and the growth in wealth home ownership represents.

Courthouse Searches

If you live in a state that is discloses property sales information, you will have a much easier time than those of us who live in a non-disclosure state, like Texas. My understanding for disclosure states is that information on sales can be found at the courthouse if you’re willing to spend the necessary time. From that information you could devise your own methodology for determining comps. CertainlWell, for Mr. or Ms.

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