Insider Secret #71: Analyze Your Property system a system Pt. 2

Basic property information — Begin your analysis by collecting the following basic property information:
Property Address: ________________________________________________
City, State, Zip: __________________________________________________
Property Appointments: Sq. Ft.: __________ Year Built: __________
# of Bdrms: _______ # of Baths: _______ Carport/Garage/None (circle one)
Type of construction: Brick/Block or Frame (circle one)
Property Contact: ______________________ Phone: ____________________
Property Owner: _______________________ Phone: ____________________
Why is this property being sold? _____________________________________
Any offers? _______________ How long on the market? _________________
What do you feel are the best price and terms you can accept for a quick sale?
________________________________________________________________
What is the fair market value† of the house? ____________________________
What is the property potential assessment score‡? _______________________
†Determining fair market value — fair market value compares the property you are considering to similar properties in that area. The comparable properties should be similar in location, size, and age to your subject property. Choose properties from the same





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