Appraisals VS Assessments and What's The Difference?

Once again Vicky Chrisner, the Real Estate Whisperer has written yet another wonderful article to educate home buyers and home sellers alike.


There is a difference between "appraisals" and "assessments" although the words are commonly used interchangeably. A educated consumer knows the differences:

Assessments

• Completed using an automated valuation program.
• Generally done once per year.
• Used to determine real estate taxes.
• Should be within a margin of error of +/- 10%.

Appraisals

• Done by licensed appraiser who looks at the home, and comps.
• Values property "real time" (as of the date of the report).
• Used to support sales prices or loan amounts.
• Should be as close to Fair Market Value as possible.

To read The Real Estate Whisperers entire article on this subject click on the link

Going Once Going Twice Sold!

What Should Buyers Know About Auctions? Vicky Chrisner aka " The Real Estate Whisperer" is a Certified Auction Specialist. Here is what she has to say about Auctions!

Auctions are just one more tool, which can be good for both buyers and seller in today's market. As they are being used with increasing frequency, I get more and more questions... and I hear potential buyers saying things that they assume but which are completely wrong. Sadly, I also hear inaccuracies about auctions and intimidation with the auction process, even from real estate agents.

So, as a Certified Auction Specialist, and an agent who works with both buyers and sellers, I thought I should make an effort to educate the public on the process. As it is a large topic, I will attempt to share what I know through a series of posts...which are intended to educate buyers, sellers and the general public.


Our first post is "Auctions, Part 1: Where is the Auction Held?" . By understanding where the auction is, you automatically know certain things about how the auction will be promoted and run. To read the first part of Vicky's series click on the link above. Vicky Chrisner is a real estate agent working for Keller Williams Realty in the Leesburg Virginia office

2008 - 51st Annual Leesburg Halloween Parade

On Friday Night in the Town Of Leesburg Virginia, the 51st Annual Leesburg, VA Halloween Parade took place. There were people lined up 5 deep throughout the parade route. Each year the Real Estate Agents of Keller Williams Realty Leesburg participate in the parade with a float. This year I believe the agents who participated in building the float, out did themselves. We also had several agents walk with the float throughout the parade route passing out candy. Those who either participated in building the float or participating in the parade itself were:

Rick Cockrill our Fearless Team Leader, Tipper Williams, Jay Thomas, Helen Ganster, Cheryl Eaches, Rudi Mattens, Mercedes Baltuano, Vicky Chrisner, Lucy DeButts, Dean Megginson, AKA The Nova Home Guy, Andrea Falzarano her husband and 3 dogs. Also attending was Mike Bradford of Old American Title.

Special Thanks To: J & H Market located in Leesburg, Virginia - 703 771 - 4274 For donating the Pumpkins, Mums, and Squash that compleyed our float. Please patronize our friends. We really appreciate their donation.

Are You Ready To Call Louodun County Home? Then Click on the Float to visit our website!