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All agents are NOT alike! Find out why we are top real estate experts. Call us: 469-774-0693.
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Buyers Want Your Home for as Little as Possible.
Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision.
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"They made us feel like everything was under control, at all times."
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 Compare three mortgages
at one time. Download TripleCalc now. It's free. |
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Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You! It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request our free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced. The Status Report that you'll receive by email will also include other important information that has been left out or that is available to us through our professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more. Remember: As Highland Park, Park Cities, University Park and Dallas area real estate agents, it's our job to know more about a property than any web site. Make sure you have the most current information! 
About Appraisals >Three Caballeros
When you buy a house or refinance your present home, your lender will ask you to pay for an appraisal to help ensure that the sales price and mortgage amount is consistent with the property's market value. The appraiser will look for "three caballeros" or three "comparables" -- homes that are very similar to the one you are buying -- and will make adjustments to reflect the differences between the properties.
Housing patterns tend to be homogenous, meaning that homes worth $300,000 are usually located in $300,000 neighborhoods. It is important for properties to be within the general pricing patterns of their neighborhoods because over-valued homes, even if they are exceptional, are sometimes difficult to sell at full market price.
This is not the only factor considered in determining the worth of a property, but it is an important one. The buyer or seller may view the property as a home or an investment, but lenders view it in a completely different way. To a lender, property means security in the event a borrower fails to repay a mortgage. Therefore, lenders must know real estate values in order to limit their risks.
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| Q |
Which famous home designed by Thomas Jefferson showed forms of Greek and Roman architecture?
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| A |
Monticello, begun in 1769, was later enlarged in keeping with its classical forms. |
 See More Real Estate Trivia > |
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Nathan Kaul
The Kaul Group
25 Highland Park Village #100-503
Dallas, TX 75205
469-774-0693
Fax: 214-239-2802
Nathan@TheKaulGroup.com
In today's marketplace, success is determined by results and relationships are the cornerstone of a successful Real Estate transaction. Communication, Vision, and Experience. Nathan Kaul and The Kaul Group.
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