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A customized home report will address these questions. We will calculate the affordability of the potential house purchase. We will help you decide which house is right for you. We will also help you answer the question “Is the house worth its asking price?” We have developed a unique procedure for estimating the fundamental value of a house that takes into account the rent that would otherwise have to be paid to live in the house, plus other financial considerations - including transaction costs, the down payment, insurance, maintenance, property taxes, mortgage payments, tax savings, and the proceeds if the house is sold at some point. Once we have the projected cash flows, we can value a house the same way we value bonds, stocks, and other assets—by discounting the cash flows by a required rate of return. By comparing the fundamental value with the asking price, we can give you a more concrete sense of the value of your potential home purchase. We can also help you answer the questions “How much should you put into the downpayment of the house?” and “What kind of mortgage should you take out?”
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Basic ($299) – a basic report helps to ensure that you make the right decision with your home purchase. It addresses the important question: “Is the house worth its asking price or is it worth more?” (You may request a calculation for up to 3 homes). This report provides a graph comparing the asking price and fundamental value under 3 different scenarios, for up to three different houses. It also provides a graph of your projected home dividends and equity over time, easy-to-understand interpretations of all the results, and an executive summary of the overall analysis.
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A customized home report would provide you with a personalized analysis of a potential home purchase. Perhaps you’ve found a few houses that you really like. Perhaps you’ve narrowed it down to just one. Now is the time to answer some big questions: 