Many factors impact the calculation of a home value. The amount of land that comes with a home and its location are two important issues to consider. The home values of comparable properties also affect the home value calculation. Look here for more information about how to calculate your home value and how to improve its worth. There are websites that can assist you in determining the values of homes in your area and real estate agents can also come up with an estimated value for your home.
Is Reverse Mortgage Right For You?
Is a reverse mortgage right for you? Ilyce says if you're a home owner over age 62, you can cash in on a reverse mortgage which is a lot like a home equity loan. The amount of cash you receive depends on your age, where you live and your home's value. She offers tips on where to find information on reverse mortgages.
Homes That Aren’t Selling No Matter Where They’re Located
This year, the National Association of Realtors predicts there will be as many as 4.8 million existing homes sold for a third record year in a row. Home prices are rising rapidly in many places in the country, but there are places where homes aren't selling. Here are some suggestions for sellers whose homes aren't selling with the rest of the market.