Real Estate Term of the Day: Appraisal APPRAISAL – a professional opinion or estimate of the value of the property. Also, the act or process of estimating value (Barron’s Dictionary of Real Estate Terms) In the State of Colorado, an appraisal is specifically done by a licensed appraiser by the state. This is not to … More Real Estate Term of the Day: Appraisal
Real Estate Term of the Day: Amendment AMENDMENT – a change, correction, or extension of an agreement that does not modify the basic thrust of the agreement (Barron’s Dictionary of Real Estate Terms) The two most typical items that we will use an amendment document is to change contract dates (purchase contract) or price (listing … More Real Estate Term of the Day: Amendment
Real Estate Term of the Day: Agent AGENT – a licensed real estate broker who is given authority to transact business for another with authority (Barron’s Dictionary of Real Estate Terms) See also: AGENCY & AGENCY DISCLOSURE In Colorado, to become a licensed real estate agent/broker a person must complete 168 hours of course work and … More Real Estate Term of the Day: Agent
The November 2011 Market Report is now available YTD (November 2010 vs November 2011) Single Family Highlights: Increase in the Number of Closed Sales to 28,906 (up 1.9%) Average Days on Market increased to 105 days Number of Active Listings decreased 33.0% to 10,213 Average Sold Price decreased (down 0.9% from $282,717 to $280,230) Units … More November 2011 Market Report is Now Available
LESLIE MONACO REAL ESTATE 