Get the free SUBJECT and COMPARABLE SOLD PROPERTIES

Market Evaluation INSPECTION DATE LOAN NUMBER TRACKING NUMBER ORDER DATE SERVICE TYPE HOMEOWNER×BORROWER NAME HOMEOWNERS VALUE ESTIMATE Please Choose DISCLOSURE This is a Comparative Market Analysis

How to fill out subject and comparable sold

How to fill out subject and comparable sold:

1. Start by gathering all relevant information about the subject property, which is the property you are evaluating. This includes details like the address, size, number of bedrooms and bathrooms, amenities, condition, and any special features.
2. Research and identify comparable sold properties, also known as comps, which are properties similar to the subject property that have recently been sold. These comps should be in the same neighborhood or area and have similar characteristics to the subject property.
3. Compare the subject property to the comps in terms of size, condition, location, amenities, and other relevant factors. Note any similarities or differences between the subject property and each comp.
4. Analyze the sale prices of the comps and adjust them if necessary to make them more comparable to the subject property. This can be done by considering factors like market trends, improvements or renovations made to the properties, and any unique features or drawbacks.
5. Determine the value of the subject property based on the adjusted sale prices of the comps. This can be done by averaging the adjusted sale prices or using other appropriate valuation methods such as the sales comparison approach.

Who needs subject and comparable sold?

Real estate professionals, such as appraisers, real estate agents, and lenders, often need subject and comparable sold information when determining the value of a property. Appraisers use this information to prepare appraisal reports, which are crucial for mortgage lenders in making lending decisions. Real estate agents use it to determine an appropriate listing price for a property, and buyers use it to ensure they are making a fair offer. Additionally, investors, developers, and homeowners may also benefit from subject and comparable sold information when evaluating potential real estate investments or making informed decisions regarding their property.

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What is subject and comparable sold?

Subject and comparable sold refers to the process of reporting information about a particular property and similar properties that have been recently sold.

Who is required to file subject and comparable sold?

Individuals or entities involved in real estate transactions are required to file subject and comparable sold.

How to fill out subject and comparable sold?

Subject and comparable sold forms can be filled out online or submitted in person to the appropriate authorities.

What is the purpose of subject and comparable sold?

The purpose of subject and comparable sold is to provide accurate data on property sales for valuation and tax purposes.

What information must be reported on subject and comparable sold?

Information such as property address, sale price, date of sale, and any relevant property details must be reported on subject and comparable sold forms.