Comparative Market Analysis

T. J. Jones Keller Williams VIP Properties Featured Articles • Can a Comparative Market Analysis Help You? • Important Questions to Ask • Sellers: Protect yourself and your home • The Trivia Block Can a Comparative Market Analysis Help You? To get the most accurate estimate of how much you should list your property for, your real estate agent can provide you with a Comparative Market Analysis (CMA). A CMA is an informal estimate of market value, based on sales of comparable properties in your area. It generally takes into account various aspects of your home, including size, features and annual costs. Reviewing comparable homes that have sold within the past year, along with the listing or asking price on current homes for sale, should help you determine a fair sale price for your property. CMAs can include homes that are currently for sale and those which have recently sold. They can cover areas as narrow as one or two streets surrounding your home, or as broad as an entire subdivision. Most real estate agents will give you a CMA for free, hoping you'll list your home with them. Each CMA contains valuable information on several recent sales, including: • How long each property stayed on the market • How close the sale price was to the asking price • Notes comparing each home to yours, i.e.; number of bedrooms and baths, approximate square footage, sizes of major rooms, amenities such as fireplaces and pools, age of the home, property taxes and more. The CMA is an informative selling tool, but like any tool, it doesn't work by itself. For this reason, the CMA will always need to be interpreted by a professional or with complete objectivity by the seller or buyer. Remember, too, that the CMA is also a buying tool; it is considered just as seriously by the buyer and his or her agent. As you and your agent are going to use the CMA to ask the highest possible price for your home, the buyer is going to use it to find reasons to either choose or eliminate your home, and to arrive at the lowest price possible. Back to the Top Important Questions to Ask Important Questions to Ask an Agent Before Listing Your Home for Sale • Do you have an active real estate license in good standing? • How long have you been licensed as an agent? • Why do you think I should list with you? • What professional designations do you hold? • What party will you represent -- the buyer or the seller? • What services do you offer? • Do you belong to an online homebuyer's search service? • Have you listed or sold in my neighborhood lately? • How will you price my home? • How will you market my home? • How will you keep in contact with me during the selling process, and how often? • What is your fee? • Will you cooperate with buyers' brokers? • What share of commission will you offer a cooperating broker who finds the buyer? • What awards have you won? Important Questions to Ask Yourself About the Agent • Is the agent a good listener? • Is the agent accessible? • Is the agent part-time or full-time? • Is the agent cooperative and enthusiastic, or rude and arrogant? • Do you think you can have a good working relationship with the agent? Back to the Top Sellers: Protect yourself and your home Never allow random house-hunters into your home unescorted. A serious buyer will be working with a real estate professional or should be willing to contact your agent to schedule an appointment. Also, always lock your valuables away before an open house - the agent onsite will be monitoring traffic, but it's impossible to be everywhere at all times. Back to the Top The Trivia Block A jiffy is an actual unit of time for 1/100th of a second. Thus the saying, I will be there in a jiffy! Back to the Top Connect with me on: Keller Williams VIP Properties | 25124 Springfield Court Suite # 100 | Valencia | CA | 91355 Add jonescrestla@gmail.com to your safe senders list. Click here for directions. To unsubscribe click here.

 

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What are you waiting for? Make this Holiday Special.

Give the gift of homeownership with the

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One of the biggest challenges many homebuyers face is coming up

With a cash resource for a down Payments or closing costs.

 

But, there is a solution… the CHF Platinum Program, which provides

A 3% grant (3% of the First Mortgage amount) to be used towards

Down payment and/or eligible closing costs on a 30-year fixed rate

Full amortization FHA, VA or USDA Mortgage Loan.

On a $250,000 Mortgage Loan, that’s $7,500 in the form of a grant

To be used towards down payment or closing cost!!!

 

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Money Saving Tips

 

T. J. Jones	Keller Williams VIP Properties
	Featured Articles Money Savings Tips. Try these at home! Don't Be Fuel-ish... Save at the Gas Station! The Trivia Block

 

Money Savings Tips. Try these at home! For most Americans, saving money is a necessity of everyday life. We clip coupons, watch for sales, and hope there's not too much month left at the end of our paycheck. Today, the challenge is how to reduce spending on a longer-term basis. Here are some money-saving tips for everything from vacationing to laundering! Airline Fares Make sure your trip includes a Saturday evening stay over and purchase your tickets in advance. Consider using alternative airports and keep an eye out for fare wars. Auto Leasing Don't decide to lease a car just because the payments are lower than on a traditional auto loan. The leasing payments may be lower because you don't own the car at the end of the lease. Auto Insurance Raise your deductibles on collision and comprehensive coverage to at least $500 or, if you have an old car, dropping this coverage altogether. Life Insurance If you want insurance protection only, and not a savings and investment product, buy a term life insurance policy. Checking Select a checking account with a low (or no) minimum balance requirement that you can, and do, meet. Credit Cards Pay off your entire bill each month or use a check, cash or debit card for purchases. Mortgage Refinancing Consider refinancing your mortgage if you can get a rate that is at least one percentage point lower than your existing mortgage rate. Telephone Service Check your phone bill to see if you have optional calling services you don't use. Dial your long distance calls directly. Food Purchases Shop at the lower-priced food stores. Convenience stores often charge the highest prices. You will spend less on food if you shop with a list. Prescription Drugs Use generic drugs whenever appropriate. When taking a drug for a long time, consider using a mail-order pharmacy. Around the House Savings: Use compact fluorescent bulbs. They last 10 times longer than regular lights. Set your water heater to 120 degrees F. Set your thermostat to 68 degrees, or lower if you're away from home or asleep. Keep your showers to five minutes or less and switch to lower-flow showerheads. If nobody's in a room, turn off the lights and any computers, stereos, TVs or other appliances. Use toaster-broilers or the microwave whenever possible instead of the range. The refrigerator should be kept at 38 degrees F., and the freezer at 10 degrees. Try using the cold-water wash cycle, and use the coolest dryer setting you can. Only run the washing machine, and the dishwasher, when they're full. Make sure your home is insulated, and that all doors and windows are sealed properly. If you have a fireplace, keep the damper closed when you're not using it and use a glass screen to minimize heat loss. Back to the Top

 

Don't Be Fuel-ish... Save at the Gas Station, too! Choose the right octane gas for your car. The higher the octane, the higher the price. Avoid topping off your gas tank. Keep your tires inflated to the proper level. Keep up with engine maintenance. Avoid packing items on top of the car. It's better to place items inside the car or trunk. Stay within posted speed limits. Driving at high speeds uses more gasoline. Use cruise control; it helps maintain a constant speed and, in most cases, helps reduce fuel use. Avoid "jack-rabbit" starts and stops. Use air vents to circulate the air instead of air conditioning. Back to the Top

 

The Trivia Block The world's first gas station was opened by the Gulf Refining Company on December 1, 1913, in Pittsburgh, Pennsylvania. Back to the Top

The Holidays are coming!!!

http://Jonescrestproperties.com

What are you waiting for? Make this holiday
special. Give the gift of homeownership with the
CHF Platinum Program!

http://Jonescrestproperties.com

One of the biggest challenges many homebuyers face is coming up with a cash resource for a down payment or closing costs.

But, there is a solution... the CHF Platinum Program, which provides a 3% grant (3% of the First Mortgage amount) to be used towards down payment and/or eligible closing costs on a 30-year fixed-rate full amortization FHA, VA or USDA Mortgage Loan. On a $200,000 Mortgage Loan, that's $6,000 in a grant to use towards down payment or closing costs!

To learn more about CHF Platinum, visit

 

http://Jonescrestproperties.com

http:Jonescrestproperties.com

 

http://Jonescrestproperties.com

The dream of home ownership has been in all of us at one time or another. Now is the time to make the right move by calling me and my team Marcy James will get you the right loan for your budget and I will find you the home of your dreams!

Do not fear picking up the phone or sending me and email we will be there by your side every step of the way and you will learn the process. Do it for you, do it for your children to it to stop paying rent and become a homeowner it really is easier than you think and with all of the great programs on this tough economy you may qualify now!

And if you don’t, I will put you on a comprehensive path to home ownerships! Realtors need now buyers and tomorrow buyer and I want to be your guide to making your dreams come true because you deserve it! But you will never know unless you pick up the phone and call me or send me an email! I promise it will be the best thing you have ever done!

Register on my website and set up custom search notification so that the moment the home comes active in the market you will be the first to know! You need to be pre-approved first so that we can write an offer immediately so, give me a call today. The mortgage interest rates haven’t been this low in 30 years! Take control of you future, pick up the phone and make the right move, we can and will help you achieve your dreams!!!

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