Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from The Cindy Knows Indy Team, a proven Carmel, Westfield and Fishers, Indiana NUMBER1EXPERT™ Top Selling real estate agents. Find Carmel, Westfield and Fishers Homes - Find Carmel, Westfield and Fishers, Indiana real estate listings & homes for sale provided by The Cindy Knows Indy Team, your local expert real estate agents. For Home Buyers - Get home buying information, the latest listings, mortgage informaiton, expert advice, and much more from The Cindy Knows Indy Team, a proven Carmel, Westfield and Fishers, Indiana NUMBER1EXPERT™ Top Selling real estate agents. For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from The Cindy Knows Indy Team, a proven Carmel, Westfield and Fishers, Indiana NUMBER1EXPERT™ Top Selling real estate agents. Carmel, Westfield and Fishers Information - Find local information on Carmel, Westfield and Fishers, Indiana including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by The Cindy Knows Indy Team, a proven NUMBER1EXPERT™ Top Selling real estate agents. Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from The Cindy Knows Indy Team, a proven Carmel, Westfield and Fishers, Indiana NUMBER1EXPERT™ Top Selling real estate agents. About The Cindy Knows Indy Team - Information about The Cindy Knows Indy Team including testimonials, guarantees, credentials, and contact information. Learn why The Cindy Knows Indy Team is a proven Carmel, Westfield and Fishers, Indiana NUMBER1EXPERT™ Top Selling real estate agents. 
Please Sign Up For The Latest Listings and the Latest Real Estate News
 |
About Appraisals >Three Caballeros
When you buy a house or refinance your present home, your lender will ask you to pay for an appraisal to help ensure that the sales price and mortgage amount is consistent with the property's market value. The appraiser will look for "three caballeros" or three "comparables" -- homes that are very similar to the one you are buying -- and will make adjustments to reflect the differences between the properties.
Housing patterns tend to be homogenous, meaning that homes worth $300,000 are usually located in $300,000 neighborhoods. It is important for properties to be within the general pricing patterns of their neighborhoods because over-valued homes, even if they are exceptional, are sometimes difficult to sell at full market price.
This is not the only factor considered in determining the worth of a property, but it is an important one. The buyer or seller may view the property as a home or an investment, but lenders view it in a completely different way. To a lender, property means security in the event a borrower fails to repay a mortgage. Therefore, lenders must know real estate values in order to limit their risks.
|
|
|
The Cindy Knows Indy Team
Keller Williams Realty
11711 N. Meridian Suite 100
Carmel, IN 46032
Phone: 317-846-6553
Fax: 317-846-5959
Cell: 317-370-3730
Cindy's Email: Cindy@CindyKnowsIndy.com
Jennifer's Email: Jennifer@CindyKnowsIndy.com
The Cindy Knows Indy Team is a team of full-time real estate professionals who's only focus is to ensure client satisfaction with prompt and personal & professional attention. We have extensive experience in workig with sellers and buyers within the ENTIRE Indianapolis and surrounding areas.    
www.CindyKnowsIndy.com is brought to you by
The Cindy Knows Indy Team
NUMBER1EXPERTS™ in real estate for
Carmel, Westfield and Fishers, Indiana Read The Cindy Knows Indy Team's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT™
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed. |
- NUMBER1EXPERTS™ 
