Richmond real estate and homes for sale in Richmond Virginia - Philip Hoffman, REALTOR® Philip Hoffman REALTOR(r) for Richmond, Virginia real estate - NUMBER1EXPERT™ Philip Hoffman NUMBER1EXPERT(tm) for Richmond, Virginia real estate

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Philip Hoffman, REALTORŪ, real estate agent and broker for Richmond Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)


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Real Estate Tips
About Appraisals >A Market Analysis

Setting the right price is an important first step in the process of selling a home. Is it necessary to spend $200 to $400 for a professional appraisal of your property before placing your home on the market?

A professional appraiser's opinion of a property's market value is based on the recent sales of similar homes in the neighborhood, and on the square footage and condition of the property. Different appraisers might come up with different figures. Even if all of them agreed on a value, there is no guarantee that you would receive that amount for your property.

An alternative to a professional appraisal is to ask a professional real estate agent for a written market analysis of your property. This analysis will include information about recent home sales in your neighborhood, as well as how those homes compare to yours. Real estate agents may provide this service with no charge or obligation. If you are still unsure of the value of your home, you may wish to pay for an appraisal.

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Real Estate Trivia
Q 
What does the abbreviation PITI stand for?

A 
Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment.
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Philip Hoffman, REALTORŪ, real estate agent and broker for Richmond Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Philip Hoffman
RE/MAX Commonwealth

831 Grove Road Suite D
Midlothian, VA. 23114
Phone: 804-794-2662
Toll Free: 800-721-7072
Fax: 804-794-1669
Email: PhilipHoffman@NUMBER1EXPERT.com

Hello, I am Philip Hoffman Associate Broker with ReMax Commonwealth Group with over 25 years experience servicing Metro Richmond and surrounding areas. Welcome to Philip Hoffman.com -- your leading source for Metro Richmond Virginia and Central Virginia Real Estate information, school information and homes for sale. Servicing Richmond, Henrico, Glen Allen, Short Pump, Chesterfield, Midlothian, Hanover, Powhatan, Louisa, Goochland, New Kent, Chester, Fort Lee and Tri-Cities Area.

Equal HousingREALTOR


RE/MAX Commonwealth real estate and homes for sale in Richmond Virginia

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