House Benchmarking: Difference between revisions
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*Ex. of design-build firm's work product [https://build4g.com/design/] | *Ex. of design-build firm's work product [https://build4g.com/design/] | ||
*House appraisal - here's how it works [https://www.quickenloans.com/learn/appraising-new-construction-and-homes-under-renovation] | |||
**Fannie Mae has an official appraisal form, Form 1004. [https://singlefamily.fanniemae.com/media/12371/display] | |||
**How does appraised value typically compare to sale price? Sale price is supply-demand, while appraisal is actual value. [https://www.apmortgage.com/blog/what-you-need-to-know-about-sales-price-vs.-appraised-value#:~:text=Appraised%20value%20states%20what%20the,all%20about%20supply%20and%20demand.]. Could sell above or below appraisal value. | |||
**How to sell below market price - [https://www.zillow.com/learn/selling-house-below-market-value/] | |||