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Southridge Estates

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About Appraisals >A Market Analysis

Setting the right price is an important first step in the process of selling a home. Is it necessary to spend $200 to $400 for a professional appraisal of your property before placing your home on the market?

A professional appraiser's opinion of a property's market value is based on the recent sales of similar homes in the neighborhood, and on the square footage and condition of the property. Different appraisers might come up with different figures. Even if all of them agreed on a value, there is no guarantee that you would receive that amount for your property.

An alternative to a professional appraisal is to ask a professional real estate agent for a written market analysis of your property. This analysis will include information about recent home sales in your neighborhood, as well as how those homes compare to yours. Real estate agents may provide this service with no charge or obligation. If you are still unsure of the value of your home, you may wish to pay for an appraisal.

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Q	What document must lenders provide within three days of receiving your application for financing?
A	The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan.
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The Ferguson Realty Group, REALTORS®, real estate agent and broker for Corinth, Denton, Coppell and Highland Village Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Brett and Melanie Ferguson
Ferguson Realty Group
2434 Lillian Miller Pkwy.
Denton, TX 76205
Office: 940-484-8187
Brett Ferguson: charlesbferguson@earthlink.net
Melanie Ferguson: melanieferguson@kw.com
Ferguson Realty Group.com is dedicated to successfully exceeding the needs of home sellers and home buyers in order to achieve the absolute highest level of client satisfaction; therefore, creating clients for life! Referrals from friends, family, and past clients drive our levels of achievement; therefore, we strive daily to provide over the top service to them in return. Our clients are the reason we are in the business and the only reason we have a business! We want people to think of Ferguson Realty Group when they think of Home! Call Ferguson First!

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