Denise Wambsganss
Realtor Your Castle Real Estate

Friday, July 17, 2009

Things to Remember When Moving

Moving can be a little overwhelming
because there are so many things to do.

There are two things I have found VERY HELPFUL:
A box I take with me in the car for necessities I will need within 1 minute to 24 hours of my arrival.
A list of people I need to notify about my move.


Light tools such as; a hammer, screw driver, duct tape, knife
Snacks and water
Bathroom items such as: toilet paper, hand soap, tooth paste, tooth brush, shampoo, conditioner, shower curtain and curtain hangers, towels
Kitchen items such as: trash bags, paper towels, disposable plates and cups and plastic wear
Non-aerosol cleaning supplies
Alarm clock


Notify the post office that you are moving. An online Change of Address form is available on the United States Postal Service Web site.
Prepare a list of friends, relatives, business firms and others who should be notified of your move. The following checklist will be helpful:
Dry Cleaner
Lawn Service
Bank/Finance Companies
Sewer District
Credit Card Companies
Laundry Service
Auto Finance Company
Fuel (Oil/Propane)
Health Club
Sewer District
Professional Journals
Insurance Agency
Government Offices
Department of Motor Vehicles
Social Security Administration
State/Federal Tax Bureaus
City/County Tax Assessor
Veterans Administration

Saturday, July 11, 2009

What is My House Worth?

What is My House Worth?

You may be asking, what is my home worth? Appraisers, brokers and insurers may have different opinions of a home's value.

If you’ve ever tried to figure out how much a home is worth, you may have become very confused by the wide variations among real estate valuations that can be used. These definitions may help:

The asking price is the amount the owner of the property believes the property may be worth or the amount he or she may be willing to accept from a buyer who wants to purchase the property. The asking price is set by the seller, often in consultation with a real estate agent, when the property is offered for sale.

The purchase-offer price is the amount the buyer believes the property may be worth or the amount he or she may be willing to pay the seller to purchase the property. The offer price is set by the buyer, again often in consultation with a real estate agent, as part of the buyer’s purchase offer.

The market value is the agreed-upon price that the seller is willing to accept and the buyer is willing to pay for the property.

A comparable market analysis, also called a competitive market analysis or CMA, is an opinion of the property’s value that’s prepared by a real estate agent, usually to help the seller determine an asking price or help the buyer determine a purchase-offer price.
An appraisal is an opinion of a property’s value that’s prepared by a state-licensed real estate appraiser. An appraisal is based on the location and condition of the property and prices of recently sold comparable properties. Lenders typically require an appraisal paid for by the borrower as part of the home loan process.

The tax-assessed value is determined by a state or local tax assessor to levy property taxes and other ad valorem assessments. The tax-assessed value is rarely the same as the asking price, purchase-offer price, market value or appraised value of the property.

The insured value is the maximum amount an insurance company could pay on a homeowner’s insurance claim if the home were damaged or destroyed in a fire or other covered disaster. The insured value considers the size and features of the home and the estimated cost per square foot to rebuild the home, but shouldn’t include the land value. The insured value doesn’t guarantee that the home could be rebuilt for that amount.

Article from July 11th 2009 – no author mentioned

So now you know why the different "value" amounts are different.

If you want to brainstorm about buying or selling your home in the Metro Denver, Colorado area
feel free to contact me at - (scroll down to the bottom of my postings page and click on the icon to see a GREAT way to take a look at the house of your dreams!!