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Posts Tagged ‘cma’

August 12, 2010 Four Methods to Determine a Property Value

Real estate appraisals are, of course, the best method of determining the value of a property. But did you know there are a few other methods that brokers and lenders will sometimes use to determine a value? Here are four of the most popular methods used: Broker Price Opinion (BPO). BPOs are used by lenders [...]

February 4, 2010 CMA vs. Appraisal

Because they’re so similar in nature, there’s often confusion between a comparative market analysis (CMA) and a real estate appraisal. It’s important to understand the distinction if you’re selling your home. A CMA is a report that is prepared by a real estate agent. After doing a walkthrough of the property, the agent will research [...]