http://www.batonrougerealestatebuzz.com/ - Baton Rouge Real Estate Buzz: Video Update For July 2010.

Local Real Estate Agent and Broker, Tony Zito, delivers the July 2010 Real Estate Update. http://www.tonyzito.com/

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http://www.denhamspringsappraisers.com/ – Denham Springs Antique District Rated Third In The South By AAA Southern Traveler

The following below is directly quoted from The Livingston Parish News Mobile Section.

“DENHAM SPRINGS – Introducing the South’s Best Antique Districts: New Orleans, Natchez and Denham Springs. That’s right, Denham Springs.

These cities are rated one-two-three in a poll published this month in AAA Southern Traveler.

More than 1,300 ballots from members of the nation’s largest motor travel club were used to determine what places were their favorites to visit, eat, play and shop. The bi-monthly magazine circulates to 220,000 American Automobile Association member households.

“That’s amazing,” said Al Bye, president of the Denham Springs Antique Merchants Association. “I’m pretty proud of that because I’ve been working with the association 10 years now. It was always good, but we have really banded together as merchants to make it a unique antique district. That’s because we want to get people to come back. Our business depends on it.”

The famous stretch of antique stores along Magazine and Royal streets in New Orleans were far and away the most popular, followed by the historic river city of Natchez in Mississippi. Yet then came small town Denham Springs, which has been quietly growing its reputation for flair in recent years, receiving similar recognition in other tourism forums.

“A very big congratulations to the Denham Antique District,” Mayor Jimmy Durbin said. “A designation like this does not happen without hard work by the Antique District Merchants Association and Denham Springs Mainstreet.”

Donna Jennings, the Mainstreet program director, said the recognition is part of a larger trend of improvements that will soon see upgraded paver brick sidewalks downtown – construction beginning next week – and a street park developed by volunteer organizations next to Old City Hall on Mattie Street.

“When you have a dedicated mayor and council determined to keep that area thriving, then a merchant’s association and a main street committee, it works,” she said.”

http://www.denhamspringsappraisers.com/ – What are your Denham Springs Real Estate Subdivision questions at mid year 2010? Which Western Livingston Parish subdivisions do you want an update on? Email us at info@accuratevg.com

http://www.batonrougerealestateappraisal.com/ – Buying A Baton Rouge Foreclosure? Watch This Renovation Loans Video By Real Estate Broker John Jones.

http://www.gbrprelistingappraisals.com/ – Baton Rouge Homeowner Loses $15,000 By Not Getting Pre-Listing Appraisal

Another Baton Rouge Homeowner Loses Money By Not Getting Appraisal. In June 2010, a Greater Baton Rouge homeowner is losing $15,000 in equity, selling FSBO or For Sale By Owner, by not getting a Pre-Listing Appraisal. No, this isn’t a distressed sale.

http://www.batonrougerealestateappraisal.com/ – May 2010 Baton Rouge Housing Video: Numbers Show A Stable Market

Today is June 9, 2010 and by this time, the solds for May 2010 would have been reported within the local GBRAR MLS related to the $8,000 Tax Credit. The video below was prepared by Tony Zito, with Zito Real Estate Group, and shares the number of pending sales for each month from February 2010 to today on June 8 2010. Tony also shares the sales for each May from 2004 to this past May 2010. Be sure to check out Tony’s Blog @ http://perfectbatonrougerealestate.com/

The questions in my mind are these:

1.) What impact did the $8,000 Tax Credit have on Greater Baton Rouge area home sales in 2010 leading up to the April 30 deadline? In the video below, I think you’ll find that it had a significant impact on local home sales.

2.) Was our market functioning based solely on this government stimulus and will home sales drop off after this stimulus has been removed? The answer to this question and concern will be answered by the market in the coming months.

http://www.gbrprelistingappraisals.com/ – Denham Springs Livingston Parish Pre-Listing Home Appraisals Video 225-293-1500.

This video describes what’s included in a “Pre-Listing” Home Listing Appraisal for the Greater Baton Rouge Housing Market performed by Bill Cobb with Accurate Valuations Group! Visit http://www.gbrprelistingappraisals.com/ and find out more about having a video made for YouTube to help sell your home faster. Plus, this appraiser can help your home get found on Google for interested buyers. So, we not offer Pre-Listing Appraisals, but a full marketing package and a listing on the Greater Baton Rouge Realty Video Visual Tours Website: http://www.gbrrealtyvisualtour.com/

Tags: Denham Springs Real Estate, Denham Springs Home, Denham Springs Homes, Denham Springs Listing Appraisal, Denham Springs Listing Appraisals, Denham Springs Pre-Listing Appraisal, Baton Rouge For Sale By Owner, FSBOBR.com, FSBO.com, For Sale By Owner Baton Rouge, For Sale By Owner Greater Baton Rouge

http://www.batonrougebpoappraisals.info/ - Home Of The Greater Baton Rouge Similar Sales Desktop Valuation Reports (SSDVR) – Compliant With USPAP & Fannie Mae & Freddie Mac, 225-293-1500

Welcome To The $100. 00 Greater Baton Rouge Comparable Sales Reports! Greater Baton Rouge Comparable Sales Reports Is A Desktop Appraisal Service Performed By William D. Cobb with Accurate Valuations Group, Serving East & West Baton Rouge Parish, Northern Ascension Parish and Western Livingston Parish. William Uses An Approved Fannie Mae & Freddie Mac Appraisal Form (SSDVR) To Complete This Report.

What Is An SSDVR Report? A desktop appraisal report conducted by Louisiana State Certified Appraiser, William D. Cobb, CREA, License #R0851. Bill will drive-by the home being appraised, rely upon the physical data the client provides, research the MLS database, select the 3 most similar and competitive sales/comps and render a value opinion.

http://www.batonrougerealestateappraisal.com/ – Great News For Greater Baton Rouge Real Estate Housing In 2010

Realtor.org is reporting that Baton Rouge Metro Area (Greater Baton Rouge) experienced a median sales price increase of +4.3% since Q1 2009. The article is here and the charting is below.

http://www.appraisersindenhamsprings.com/ – Denham Springs Home Appraiser Offers Pre-Listing Appraisal Services

A smooth transaction is one when one has accurately represented the physical characteristics(in writing) of one’s home , whether it be listing the home with an agent or selling it yourself(FSBO). “The main step is to acquire the accurate living area during the whole process of obtaining the accurate representation of one’s property”, says William D. Cobb, CREA who is the owner of Accurate Valuations Home Appraisal Group in Baton Rouge, Louisiana. An agent will enlist a CMA or Comparative Market Analysis for determining a home’s listing price. Still, one should have with them, a precise calculation of the living area.

Also, to be on the safer side, it would be a wise decision to have a third-party measure the living area and value of the property before one signs the Listing Agreement. A residential appraiser is the best option in this case.

This has the following advantages:

When an appraisal report is done in a professional manner, it leaves a good impression on the potential buyer as it supports the price quoted as well.

An appraisal generally includes photographs, location map, accurate sketch, precise dimensions, outline of the neighborhood etc. Also, 3 to 4 comparable sales must be present adjusted to subject property.

Enlisting recommendations for repair or enhancements, if any. This listing appraisal can indicate a value for addition(s), items that require repairs, etc..

Accurate estimation of Living-Area size lends peace of mind, especially with values @ $100/sf +

In U.S, majority of real estate professionals base the price per square foot of a home on living area size. Living Area is measured from the exterior walls. All real estate professionals are to follow the ANSI Standards for Single-Family Residential Buildings (American National Standards Institute) when calculating area home sizes. In a seminar in Apex Appraiser Home Sketching Software and National ANSI Standards in Houston, TX, the ANSI instructor, who is also on the Appraiser Standards Board in South Carolina, stated that one of the most common lawsuits in Real Estate today is “misrepresentation of living area size”.

Consider: A 2,000sf home is for sale, priced at $240,000. Instead of measuring the home, the living area was obtained by County Records; estimating the typical home size in that development. The home is listed with a living area of 2,000sf. A purchase agreement for $240,000 is received and is accepted. The appraisal is ordered by the buyer’s lender. The sellers submit an offer on a $350,000 home in a neighboring development. The offer is accepted. However, the appraiser for the home turns in her appraisal showing 1,840sf and an appraised value of $220,800, much less than the purchase price. The sellers are asked to renegotiate the purchase price as the living area is 1,840sf, and not the 2,000sf. The sellers sue for misrepresentation of living area.

Thus, it’s crucial to have one’s home measured by the person listing your home. It is strongly recommended that when interviewing the person listing your home, one must confirm that they follow ANSI, that they will measure your home, and provide you a calculated sketch. Thus, a written verification of true living area is present.

Bill states that he recently performed a purchase appraisal in a South Baton Rouge Subdivision on a 2,026sf living area, for $260,000, listed FSBO. The home was marketed WITHOUT obtaining a professional opinion on the value of the home. The buyers end up with $9,000 in equity as the home appraised at $269k. So, as against a loss of $9,000 the seller should have paid $225 to get the listing appraisal done.

An appraisal helps homeowners make the best decisions like investment in homes and setting a competent sales price. Thus it is strongly recommended to have a Listing Appraisal before one lists their home.

Accurate Valuations Group
Office: 225.293.1500
Fax: 1-866-663-6065