Whether you are looking at selling your own home or purchasing a new one, determining the estimated market value of the property you are selling or considering buying is essential. From a selling point of view, it helps you to market your pad at an appropriate price so that you can hopefully achieve what it is worth without selling it short. However, if you are in a position where you need to sell quickly, it also enables you to price it competitively so that you can secure an offer and move through the process at the speed you need. From a buying point of view, it is crucial to know the value of the home you are hoping to buy to ensure that you don’t end up paying more than it is worth. Doing so could potentially leave you in negative equity.
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