FREE Top Factors Devaluing Your Home Question and Answers

0%

What's the value of your property?

Correct! Wrong!

Explanation:
When selling to an investor relies on a variety of factors, such as the property's condition, its location, and the state of the market. That being stated, if a real estate investor decides to buy your house, you can typically anticipate receiving between 40 and 65% of the total market value.

What elements affect the value of your house?

Correct! Wrong!

Explanation:
Your home's value is influenced by a variety of things. In addition to its location and condition, your home's worth at a given time can be significantly influenced by variables including its school district, the number of comparable properties currently on the market, and the number of purchasers seeking for new homes.

What exactly does an appraiser do?

Correct! Wrong!

Explanation:
The role of an appraiser is to establish a property's current value for a prospective buyer. During an on-site inspection, the majority of the work to determine a real estate appraisal's value is completed.

Which exterior paint color should you pick for your home to appeal to the largest possible audience of potential buyers?

Correct! Wrong!

Explanation:
Beige and cream are regarded the neutral hues that are most likely to appeal to a broad range of people. Consider using a color consultant to assist you in making your decision if you truly want to be certain.

Which of the following can discourage a potential house buyer?

Correct! Wrong!

Explanation:
Although it may be difficult to imagine, the value of your home may be impacted if your neighbor paints his house a horrifying shade of puce. A potential buyer might hesitate to purchase a home on a block with ugly residences or noisy businesses.

Which of the following can increase a potential buyer's interest in your house?

Correct! Wrong!

Explanation:
A well-kept lawn usually makes potential purchasers feel good. It probably makes sense to avoid mentioning the fact that the family pet was interred in the backyard.

Which kind of home has the best chance of selling quickly and easily?

Correct! Wrong!

Explanation:
Your chances of selling your property fast and simply are better if it is built to suit a large segment of the public than if it is highly customized. Your chances of finding a buyer increase as more people search for homes similar to yours.

Premium Tests $49/mo
FREE April-2024