Wednesday, February 22, 2012
Real Estate Listings in Hardin & Meade County
I can't tell you how many times I have come across this. Whether it was for our personal search for a home, or while I was out appraising, I have seen more than my share of homes that do not match their listing description.
The most recent was a home I was appraising in Radcliff, KY. The MLS description said it was an updated three bedroom home with a large lot. When I got to the property, the only resemblance of a third bedroom was an entertainment room with a wet bar. Unbelievable. They wondered where the value went when I used two bedroom homes as comparable sales.
Here is a great article on this topic from bankrate.com.