elgin
Open House – 2245 Toftrees, Elgin, IL 11-2, Sunday 5-31-15
EXPANSIVE ALMOST 2700 SQ FT DREAM MODEL IN VALLEY CREEK SUBDV ON A DEAD END STREET! SAFE, QUIET & NO THROUGH TRAFFIC! HUGE WRAP AROUND PORCH TO RELAX UNDER. UPDATED KITCHEN W/ISLAND & GRANITE COUNTERS OPENS INTO FAMILY RM. FULL FINISHED BSMNT FEATURES REC RM, 5TH BDRM, FULL BATH & DEN/OFFICE. OVERSIZED 3 CAR GARAGE W/PULL DOWN STAIRS TO ATTIC. MASTER SUITE YOU WILL LOVE W/SITTING RM, DBL WALKIN CLOSETS, & LUXURY BATH. AUCTION HOME WITH OPENING BID AT $96,500
What is Appraised Value?
Get a price on your home right now. Its easy comes directly from the MLS. Click here http://bit.ly/1bMB1La
- Appraisals provide an objective opinion of value, but it’s not an exact science so appraisals may differ.
- For buying and selling purposes, appraisals are usually based on market value — what the property could probably be sold for. Other types of value include insurance value, replacement value, and assessed value for property tax purposes.
- Appraised value is not a constant number. Changes in market conditions can dramatically alter appraised value.
- Appraised value doesn’t take into account special considerations, like the need to sell rapidly.
- Lenders usually use either the appraised value or the sale price, whichever is less, to determine the amount of the mortgage they will offer.
All my best,
Myra Spano, REALTOR®
About the Author:
Myra Spano is a service and results oriented real estate agent with her client’s goals as top priority. Myra is recognized as a top producing agent in her office in Virginia Beach and…
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