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Property Valuation
Welcome > For Sellers > Property Valuation ...

Buyers Want Your Home for As Little As Possible. Quickly Find Out What It's Really Worth, by Email, for Free. 

Are you thinking of selling your Hattiesburg, Oak Grove, Sumrall and Petal area home? You should know exactly what it's worth before making such an important decision. 

Let me do a quick "Comparative Market Analysis" for you, for free, and with no obligation. Also known as a CMA, this analysis compares your home to others that are currently on the market and to those that have recently sold. 

As a real estate agent, I determine the value of Hattiesburg, Oak Grove, Sumrall and Petal, Mississippi area homes daily. Using the information you provide below, I can perform a quick market analysis, and give you a free estimate of what your home is worth in today's market. 

Remember, market conditions can be different, even one Hattiesburg, Oak Grove, Sumrall and Petal area neighborhood to the next. I know how to take all these factors into account when determining the true market value of your home. 

This service is completely free and without obligation. There are absolutely no strings attached. Why? I want the chance to show you my expertise as a Hattiesburg, Oak Grove, Sumrall and Petal area real estate agent. 

Please provide me with some basic information on your home. 

What's your home or property really worth? Accurately pricing Hattiesburg, Oak Grove, Sumrall and Petal area real estate is my job! Let me do a market analysis for YOUR property. There's no obligation, it's FREE, and I promise to get back to you quickly... 

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Real Estate Tips
About Appraisals >Three Caballeros

When you buy a house or refinance your present home, your lender will ask you to pay for an appraisal to help ensure that the sales price and mortgage amount is consistent with the property's market value. The appraiser will look for "three caballeros" or three "comparables" -- homes that are very similar to the one you are buying -- and will make adjustments to reflect the differences between the properties.

Housing patterns tend to be homogenous, meaning that homes worth $300,000 are usually located in $300,000 neighborhoods. It is important for properties to be within the general pricing patterns of their neighborhoods because over-valued homes, even if they are exceptional, are sometimes difficult to sell at full market price.

This is not the only factor considered in determining the worth of a property, but it is an important one. The buyer or seller may view the property as a home or an investment, but lenders view it in a completely different way. To a lender, property means security in the event a borrower fails to repay a mortgage. Therefore, lenders must know real estate values in order to limit their risks.

See All Tips In The "About Appraisals" Category >
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Real Estate Trivia
Q 
Which estate has two pools--one on the east side for the morning sun and one on the west for afternoon enjoyment?

A 
The former estate of John Lennon in Palm Beach has two pools plus guest quarters.
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Leland Lott, REALTOR®, real estate agent and broker for Hattiesburg, Oak Grove, Sumrall and Petal, Mississippi home listings, property and land for sale - NUMBER1EXPERT

Leland Lott
All Pro Realty. LLC

6668 Hwy 98 Suite H
Hattiesburg, MS 39402
601-270-7530
Fax: 601-450-4130
lelandlott@NUMBER1EXPERT.com


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