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  • Why Buyers Choose Steve Sundberg - Why homebuyers looking for a real estate agent in the Lake Geneva, Walworth County and Delavan area choose Steve Sundberg.

  • Latest Listings - Get Steve Sundberg's latest Lake Geneva, Walworth County and Delavan listings of homes for sale first!

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  • First Time Homebuyers - Are you a first time homebuyer in Lake Geneva, Walworth County and Delavan, WI? Choose a top real estate agent. Steve Sundberg can guide your home buying search.

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Real Estate Tips
About Appraisals >Professional Appraisals

Before your mortgage application is approved, the lender will order a professional appraisal of the home to make sure that the agreed-upon selling price is justifiable based on the current market value of the property. The cost of the appraisal will be based on the complexity of the appraisal report and the time required to complete it.

A professional appraiser will choose the appraisal technique that is applicable to the particular property to arrive at an unbiased opinion of value. One approach is to look at comparable homes in the area that have sold within the last six months. If there are a number of similar properties that have sold recently, the appraiser's job is easy. It is more complicated to arrive at the appraised value if your home is located in a rural area or a diverse neighborhood.

The appraised value will usually be very close to the sale price. If the appraisal comes in lower, the real estate agent may be able to provide the appraisers with additional information on recent sales which will result in increased value.

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Real Estate Trivia
Q 
What is considered one of the few remaining tax shelters in the 1990s?

A 
Homeownership--property taxes on a residence or vacation home are deductible up to $1 million.
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Steve Sundberg

Steve Sundberg
Coldwell Banker Primus

226 Broad St
Lake Geneva, WI 53147
Steve's Cell : 262-215-0782
Office: 262-348-1100
Fax: 262-348-9053
stevesundberg@NUMBER1EXPERT.com

Representing Buyers and Sellers. Marketing your home in WI and IL.

ABRMLSREALTOR


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