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MONTHLY LOAN MORTGAGE PAYMENT MAXIMUM MORTGAGE ARM VS FIXED
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Home ValueLearning Center

Comparative Market Analysis

CMA comparative analysis, it uses the most current and reliable information from the multiple listing service (MLS), real estate firms, and title companies from the subject’s community. The homes included in this analysis are sampling of properties in the area that are currently for sale or that have recently sold. They provide us a base line from which to begin our comparison. Other factors considered in this comparison are square footage, location, amenities, the physical condition of your property, and the effects of any existing financing on your home. At times, the term “fair Market Value” causes confusion.

The definition has three basic parts:

1. Particular House.
2. Current Condition.
3. Time Frame (Usually 30 to 90 days).

Simply fair market value is the price at which a home will sell within a reasonable amount of time. This CMA will allow us to figure, using the above information, the fair market value for your home. Remember this is just estimation and the price could vary up or down depending on the motivation of the buyer, seller and any fluctuations in the market.

There are many factors that determine the value of your home in the current market. The home itself is only a part of the puzzle. We’ll take you through each factor to help clarify the process we use to establish your home’s value. Like location, condition, price, completion and the market.

Below is a SHORT VERSION of the report I provide to my client. This is just an example.