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Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from The Steve Morgan Group, a proven Lewiston, Brunswick and Auburn, Maine NUMBER1EXPERT™ Top Selling real estate agents.
Find Lewiston, Brunswick and Auburn Homes - Find Lewiston, Brunswick and Auburn, Maine real estate listings & homes for sale provided by The Steve Morgan Group, your local expert real estate agents.
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School Reports in Lewiston, Brunswick and Auburn, Maine

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Pricing >The Value of Your House

One of the sayings from the "gold-rush" days--"Them that's got the gold, sets the price!"--is also a principle that applies to real estate. We say that a house is only worth what someone will pay for it, even though the owner, the bank, and the agent all have their own opinions about the "market value" of a home. In other words, no sale ever takes place until the buyer agrees with the price.

How can sellers arrive at the maximum "fair" price that buyers are willing to pay? Buyers (and appraisers) make their decision based on comparisons. While shopping for a home, buyers will visit many similar homes in their price range and measure the features of each one against the price. They decide which house offers them the maximum value for the price. Buyers do not expect a home to be a "steal" or dramatically under-priced, but they do expect it to be a fair value.

Sellers must determine the value that their home offers in order to arrive at the right price. The real estate agent will advise the sellers what buyers should be willing to pay for their home, but the asking price is set by the seller.

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Q	What information does nearly every state in America require the seller of a home to reveal to the buyer?
A	Most states require disclosure of any existing problems or conditions that could affect the value of the house.
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The Steve Morgan Group, REALTOR®, real estate agents and broker for Lewiston, Brunswick and Auburn, Maine home listings, property and land for sale - NUMBER1EXPERT(tm)

The Steve Morgan Group
Keller Williams Realty Mid-Maine
34 Center St
Auburn, ME. 04210
Phone: 207-689-9898
Fax: 207-784-1660
Email: Steve@SteveMorganGroup.com

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