Find Your Home Value
Home Appraisal Tips & Advice
Home Renters Beware: The Foreclosure Crisis Affects You as WellAugust 11, 2008
Home foreclosures have created an overlooked victim: what happens when the home you rent goes into foreclosure? The vicious circle of declining home values and rising foreclosures.
July 11, 2008
Home values drop when foreclosures rise creating a vicious circle. Is there help in sight or a way to take advantage of a declining market? Home Selling Success: What You Need to Know
July 11, 2008
Yes, the home selling market has slowed in the past year; however, houses are still being purchased on a daily basis. What is the secret to successful home selling? Free Home Value Calculator Helpful in Planning Home Sale and Purchase
By Karen LawsonHome Worth Columnist
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Coordinating the sale of your present home while searching for and buying a new home can be challenging. Determining your financial position and needs in advance of listing your home for sale can help you avoid surprises as you prepare to move.
Free home value calculator tools are useful for planning. You can get an idea of how much your present home is worth, as well as approximate values of homes you may want to buy. Knowing home value for selling and buying can also assist in decisions about which mortgage options will work best for you.
Determine Home Value before Looking for a New Home
Your family is growing, and your needs are changing. Your kids want a family room and a swimming pool, while you and your other half could use a home office. Can you afford everything on your wish list, and would all of these things be a good investment? Home value calculator tools can help establish the difference between the likely selling price of your present home and the estimated cost of a home with the features you want.
Real estate values are based on multiple factors, which can include the condition of a home, its features and layout, regional preferences, and market trends in your area. Once you've made the decision to buy, you'll want to talk with real estate professionals in your area to determine how you can best enhance the appeal of your present home to potential buyers. Real estate agents and brokers also know which amenities are good investments for your area. Real estate professionals can also help you achieve a balance between your personal tastes and regional market considerations when you shop for a new home.
About the Author
Karen Lawson is a freelance writer with extensive experience in mortgage banking. She holds BA and MA degrees in English from the University of Nevada, Reno.