Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Kurt Congdon, a proven Nevada City, Grass Valley and Penn Valley, California NUMBER1EXPERT™ Top Selling real estate agent. Find Nevada City, Grass Valley and Penn Valley Homes - Find Nevada City, Grass Valley and Penn Valley, California real estate listings & homes for sale provided by Kurt Congdon, your local expert real estate agent. For Home Buyers - Get home buying information, the latest listings, mortgage informaiton, expert advice, and much more from Kurt Congdon, a proven Nevada City, Grass Valley and Penn Valley, California NUMBER1EXPERT™ Top Selling real estate agent. For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from Kurt Congdon, a proven Nevada City, Grass Valley and Penn Valley, California NUMBER1EXPERT™ Top Selling real estate agent. Nevada City, Grass Valley and Penn Valley Information - Find local information on Nevada City, Grass Valley and Penn Valley, California including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by Kurt Congdon, a proven NUMBER1EXPERT™ Top Selling real estate agent. Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from Kurt Congdon, a proven Nevada City, Grass Valley and Penn Valley, California NUMBER1EXPERT™ Top Selling real estate agent. About Kurt Congdon - Information about Kurt Congdon including testimonials, guarantees, credentials, and contact information. Learn why Kurt Congdon is a proven Nevada City, Grass Valley and Penn Valley, California NUMBER1EXPERT™ Top Selling real estate agent. 
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About Appraisals >Three Caballeros
When you buy a house or refinance your present home, your lender will ask you to pay for an appraisal to help ensure that the sales price and mortgage amount is consistent with the property's market value. The appraiser will look for "three caballeros" or three "comparables" -- homes that are very similar to the one you are buying -- and will make adjustments to reflect the differences between the properties.
Housing patterns tend to be homogenous, meaning that homes worth $300,000 are usually located in $300,000 neighborhoods. It is important for properties to be within the general pricing patterns of their neighborhoods because over-valued homes, even if they are exceptional, are sometimes difficult to sell at full market price.
This is not the only factor considered in determining the worth of a property, but it is an important one. The buyer or seller may view the property as a home or an investment, but lenders view it in a completely different way. To a lender, property means security in the event a borrower fails to repay a mortgage. Therefore, lenders must know real estate values in order to limit their risks.
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What is the highest altitude hotel in the world?
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The Hotel Everest View sits at the record altitude of 13,000 ft (3,964 m) above sea level, in the rarified atmosphere of Namche, Nepal, the village closest to the Mount Everest base camp.
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Kurt Congdon
Coldwell Banker Grass Roots Realty
855 Sutton Way
Grass Valley, CA 95945
Toll Free: 800-471-4570
Office: 530-273-0073
Fax: 530-687-0309
Email: Kurt@KurtCongdon.com
DISCOVER YOUR DREAMS in Nevada City real estate or Grass Valley real estate.
Kurt will guide you through the process of understanding the purchasing of rural property such as Penn Valley land, Nevada City Acres & Grass Valley homes. His love and enthusiasm for Nevada City and Grass Valley are genuine. With over 10 years experience, and honors in the top 5% of all agents nationwide...Kurt will provide both exceptional personal service and HI-TECH communications.
The Nevada County area offers extraordinary natural beauty, rare communities, arts, entertainment, and the highest quality of living. Let Kurt help you DISCOVER YOUR DREAMS in the Sierra Nevada Gold Country towns of Grass Valley, Nevada City and Penn Valley.
DRE License #'s Kurt Congdon - 01076146, Jason Moore - 01391772, Pam Moore- 01876117, Cindy Argento - 01747092  
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