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They had to pay twice to have their propertyvalued. Because in both instances, they first had their homesvalued by real estate agents, not appraisers. In the other case, my client’s attorney recommended having their marital property appraised. But then they had to hire me to perform an appraisal.
What’s The Average Illinois Real Estate Commission?” 2022 Survey Results: Real Estate Agent Commissions by State” [link] Zillow.com. Illinois HomeValues” [link] link] FastExpert.com.
Owning raw land has real potential along with its share of pitfalls. Whether you decide to hold it and sell when realpropertyvalues climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. A good lawyer will see them coming.
In Columbus, many commercial real estate owners are excited when asking the question, “What’s my commercial property worth?”. Consider this: According to Crain’s Chicago Business, Columbus saw the most substantial increase in total homevalue in the country. retirement accounts) can be included as fair game in a lawsuit.
Homes with no known defects also have higher homevalues. The state residential realproperty disclosure has a list of potential defects or hazards on it. Sellers are also required to provide the buyers with an EPA pamphlet called "Protect Your Family From Lead in Your Home.".
A large contributing factor to the rise in home prices is the low amount of inventory available. Consider this: Central Ohio homes under contract in June 2021 proved to be the best for the month and a record high for any month, ever! A whopping 3,644 homes closed during that busy summer month, 15.6
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