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no. the sale price is whatever the two parties agree on. The appraised value is just that, a value that someone appraised the value to be. (Although the lender does put more value on the appraised value than on any other.)

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15y ago

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If 36 home sales 12 percent of what number of home sales?

12% of 36 = 4.32 home sales


What is the median price of a home in 1955?

In 1955, the median price of a home in the United States was approximately $18,000. This figure reflects the post-World War II housing boom, where demand for homes surged as returning veterans sought to settle down. Adjusted for inflation, this price would be significantly lower than modern home prices, highlighting the changes in the housing market over the decades.


When selling your home what are the advantages of seller paid points vs lowering your sales price?

The only "advantage" for the seller that I can tell--is if you lower the sales price, you would have less in capital gains. The buyer would have the "advantage" of possibly getting a lower rate if points are paid by the seller.


Will a 3.8 percent federal sales tax be imposed on home sales?

No federal sales tax is imposed on home sales at this time. If you sell your home and have a long term capital gain it would be possible that you would have some federal income tax to pay on the sale of your home or house or other business property.


Asking home price 120000 how much to offer?

When considering an offer on a home listed at $120,000, it’s essential to evaluate the local market conditions, comparable sales, and the home's condition. If the market is competitive, offering close to the asking price may be advisable. However, if there are issues with the property or if it's a buyer's market, you might consider offering 5-10% less, around $108,000 to $114,000. Ultimately, your offer should reflect your budget, the home's value, and any other factors that may affect the sale.

Related Questions

What is the appraisal value of my home?

The appraisal value of your home is the estimated worth of your property based on factors like location, size, condition, and recent sales of similar homes in the area.


Average cost for home Appraisal fee?

IN THE STATE OF FLORIDA ABOUT $350.00, BUT THE PRICE CAN CHANGE DUE TO HOW HARD THE APPRAISAL CAN BE AND THE DIFFERENT TYPES OF APPRAISALS.


If the sale price of a home is 20000 under the appraisal can you legally add in your payout of a chapter 13 bankruptcy to your mortgage loan if it is FHA?

No. FHA does not allow the buyer to receive any funds or form of cash outside of close in excess of the contract sales price. Paying off Ch. 13 is not required for you to purchase your home.


What is the price range of a Savannah home?

The average price listing for homes in Savanna is $332,618 and the average median sales price is $155,000. The average home price per square foot is $97.


How can one determine the fair market value of a home at the time of death?

To determine the fair market value of a home at the time of death, an appraisal by a professional appraiser or a real estate agent can be conducted. This appraisal takes into account factors such as the home's condition, location, size, and recent sales of similar properties in the area. The appraisal report can be used to establish the home's value for estate tax purposes or for distribution among heirs.


What is the effective appraisal date?

The effective appraisal date is the date that the appraisal was completed. The appraisal will tell you how much your home is worth.


Where do you get a home appraisal?

Find an appraisal firm near where you live and pay them to perform a home appraisal. Google should be able to help you find one.


Who much do new home sales associates earn?

The amount of money that new home sales associates earn varies. In most cases, they earn a commission from the sales which is between 3% to 6% of the sale price.


Can a home loan be adjusted to fit the purchase price of a home?

I think so as long as you go directly to the loan office and speak to ur common banker


Where can one go to learn how to use a home appraisal?

I have recently bought a home appraisal. Where do I go to learn how to use it?


Mobile Home Sales?

form_title= Mobile Home Sales form_header= Purchase a mobile home. What is your desired minimum and maximum square feet?*= _ [50] What is your price range?*= _ [50] Have you ever bought a mobile home before?*= () Yes () No


What is the average home price in Annapolis?

The average home price in Annapolis, Maryland is $330,000. This is based on 232 home sales between December 2012 and January 2013. This average price has decreased 5.7% from that time one year ago.