"What is it worth?" is the most frequently asked question in investing.
Whether you get a deal at www.REOGoldminer.com or a property on your street, valuation is a decision making process that must be done accurately. All valuation poses a problem which an investor must identify and pick applicable ways in determining a specified and definite value.
Valuation can also be a form of research project, because, the investor gathers systematically the data required in the analysis. Valuation process involves the following stages: 1. Gathering of data 2. Analysis of the data 3. Making an Exit plan 4. Making an Offer
Data to be gathered for valuation analysis must be valid and authoritative. www.REOGoldminer.com not only finds you REO deals but offers access to "appraisers secrets for investors" through its comp system. We provide accurate, relevant, and recent sales data and transfer history for your deals and their comparables. Asking prices are not evidence so you must have the closed sales data ICO provides.
The gathered and verified information must be reviewed in order to derive the accurate valuation. At www.REOGoldminer.com, we offer the necessary training to show you what items to consider when determining valuation.
Don't wait until your offer is accepted and you have closed on the property to decide how the property fits into your portfolio. Create multiple exit plans before you make an offer. This will help determine your offer. Knowing whether the property is a "buy and hold" candidate, a wholesale deal, or a retail deal guides the amount you should be willing to pay.
Presenting an offer is more than just talking to a realtor and letting them know what you want to get the property for. It also includes determining the maximum you are willing to spend for a property. A wise investor has this value in mind before they make their initial offer. Spending some time in the beginning will make you more profits in the end. - 31862
Whether you get a deal at www.REOGoldminer.com or a property on your street, valuation is a decision making process that must be done accurately. All valuation poses a problem which an investor must identify and pick applicable ways in determining a specified and definite value.
Valuation can also be a form of research project, because, the investor gathers systematically the data required in the analysis. Valuation process involves the following stages: 1. Gathering of data 2. Analysis of the data 3. Making an Exit plan 4. Making an Offer
Data to be gathered for valuation analysis must be valid and authoritative. www.REOGoldminer.com not only finds you REO deals but offers access to "appraisers secrets for investors" through its comp system. We provide accurate, relevant, and recent sales data and transfer history for your deals and their comparables. Asking prices are not evidence so you must have the closed sales data ICO provides.
The gathered and verified information must be reviewed in order to derive the accurate valuation. At www.REOGoldminer.com, we offer the necessary training to show you what items to consider when determining valuation.
Don't wait until your offer is accepted and you have closed on the property to decide how the property fits into your portfolio. Create multiple exit plans before you make an offer. This will help determine your offer. Knowing whether the property is a "buy and hold" candidate, a wholesale deal, or a retail deal guides the amount you should be willing to pay.
Presenting an offer is more than just talking to a realtor and letting them know what you want to get the property for. It also includes determining the maximum you are willing to spend for a property. A wise investor has this value in mind before they make their initial offer. Spending some time in the beginning will make you more profits in the end. - 31862
About the Author:
www.REOGoldminer.com will help you find the REO deals you have been looking for and help you valuate them all at the same time. A wise investor selects tools that will give them all the data and skill sets necessary to be a head of the game. www.REOGoldminer.com is the site to find the REO deals and get "appraisers secrets for investors" that will keep you one step ahead of your competition.
