Home Buying in West Olive>Question Details

Tim, Home Buyer in West Olive, MI

If my house is 150,000 dollars market value in west olive Michigan. How much is SEV?

Asked by Tim, West Olive, MI Wed Jul 16, 2008

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Hi Tim, the SEV generally will be half of the market value. But in this market that may not be the case. With homes having lost 12 - 18% of their value this year the only way to determine market value is have a Realtor do a market analysis for you. Hope this helps. If you plan on selling your home needs to be priced 2 - 3 % below your competition.
0 votes Thank Flag Link Sat Jul 19, 2008
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