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REO/Foreclosure
Call me for all your REO/Foreclosure needs. |
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Avoid home improvement gimmicks that hammer resale value
Q: We are considering listing our vacation home, and I have a question for you on whether it would be worth it to invest the money putting siding on it or selling it as is? The home is located on a golf course and has a magnificent view of the first hole and surrounding lakes and mountains.
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Appraisal rules tough on additions
Recently a homeowner in the hills above Oakland, Calif., applied for a refinance. An appraiser visited the property and measured both levels of the house. The appraiser called the homeowner a few days later to find out if the lower level had been added with a permit. The public record indicated the house had three bedrooms, two bathrooms, and 1,513-square feet.
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Assessed vs. market value
DEAR BENNY: In 2006, the assessed value of my house had climbed to $756,000 and then dropped to $714,000, trailing the declining market. I filed an abatement based on erroneous information that my town was using, and was successful. My house was reassessed at $531,300, very close to my suggested valuation.
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CALIFORNIA ASSOCIATION OF REALTORS®
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Shane Willette www.ShaneWillette.com
REALTOR®
Inland Cities Real Estate
357 W. 2nd. St.
San Bernardino,
CA
92401
909.583.7724
Contact Me
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Please go to my website and ask to enter my Monthly Drawing !
Feel free to contact me with your Real Estate needs.
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