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Move-up Purchase for Herrera

Published 7 months ago

In the real estate industry, a comparative market analysis (CMA) is an estimate of your home's value based on recently sold and similar properties within close proximity to it. A CMA can be used by sellers or buyers as they set listing prices for their property or make competitive offers to purchase another house respectively- so that you get the most accurate idea possible about what houses are worth around your area! The net sheet with an estimate of the proceeds you'd make on selling your home are at the end of the CMA. You currently owe about $195,000 on your home, so you would have about $145,505 to use as down payment, purchase appliances and furniture, and/or start a nest egg.

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