Metro-West & World Appraisal March 2005 Newsletter



		Volume II, Issue 3 March, 2005
	Win a FREE Dinner See below for details




	News Study Identifies Regions Most Likely to Lose Value By JEFF D. OPDYKE Staff Reporter of The Wall Street Journal From The Wall Street Journal Online March 7, 2005 -- Homeowners in the hottest markets are facing a greater chance that the value of their houses will decline, according to a new study, though risks have lessened slightly for the nation as a whole. Read the full story here Will a New Highway Help Or Hurt a Home's Value? By June Fletcher Special to RealEstateJournal.com Question: I live in a nice gated community. A highway will soon be built approximately 500 feet from my property. Should I sell my home now? My home is a two-story, so I will probably get road noise as well as lose my desert view. Read the full story here



	New Staff Appraisers! World Appraisal covers the entire United States! *World Appraisal now has new staff appraisers in:* Indiana: Bartholomew, Boone, Brown, Clinton, Dearborn, Decanter, Delaware, Franklin, Grant, Hamilton, Hancock, Hendricks, Henry, Howard, Johnson, Madison, Marion, Monroe, Montgomery, Morgan, Owen, Patnaw, Ripley, Rush, Sheldy, Tippecanoe, Tipton New Jersey: Monmouth, Ocean Coming Soon: Georgia, Idaho, Main, Minnesota, New Hampshire, Washington, Virginia For more coverage areas and fees please visit us at: www.worldappraisal.com www.metrowestappr.com
	Appraisers Funny Stories - "Beware of Cat" It was one of the hottest days in July and I was on my way to an inspection. When I got there, the lady of the house was nice enough to offer me a glass of ice tea and apologized for not having central air. I told her that it was OK and I proceeded to do the inspection. She directed me to the upstairs and to my surprise, there had to be at least six cats wondering around. "They’re harmless," her daughter said. There was this one cat, that I thought was so cool. He had an all grey coat with piercing grey eyes. I thought I’d give him a pet on my way back down stairs, bad idea. The cat began to hiss at me. I hissed back, teasing the cat. I only wanted to pet you, I thought to myself. Boy was that a mistake, the little girl called out, "Hey Mr., I don’t know what you did, but Smokey’s coming after you!!" I looked back and the cat was coming at me with full force, I was so afraid I began to run. I ran right out the front door. I looked back and the cat was standing there guarding the front to make sure I didn’t come back in! The homeowner had to lock the cat in a bedroom to keep him from attacking me!
	Myth or Reality: - Can you Guess Appraisers are hired only to estimate real estate property values in property sales involving mortgage-lending transactions. An appraisal is the same as a home inspection. Answers: This is a myth! The Reality is: Depending upon their qualifications and designations, appraisers can and provide a variety of services including, dispute resolution, zoning and tax assessment review and cost/benefit analysis. This is a myth! The Reality is: An appraisal does not serve the same purpose as a home inspection. The appraiser forms an opinion of value in the appraisal process and resulting report. A home inspector determines the condition of the home and its major components and reports these findings. Please email us if you have any questions at: marketing@metrowestappr.com Joke of the Month There was a lawyer and he was just waking up from anesthesia after surgery and his wife was sitting by his side. His eyes fluttered opened and he said, "you're beautiful," and then he fell asleep again. His wife had never heard him say that before so she stayed by his side. A couple of minutes later his eyes fluttered opened and he said, "you're cute!" Well, the wife was disappointed because instead of "beautiful" it was "cute." She said, "What happened to 'beautiful'? His reply was, "The drugs are wearing off!" www.jokes.com Metro-West & World Appraisal *We invite you to stop by and meet our staff!* Please come by our office, meet the employees and see how our operation works! Metro-West & World Appraisal 27555 Executive Drive Suite 180 & 185 Farmington Hills, MI 48331 For information or questions please email us at: marketing@metrowestappr.com Click here to view directions	State Spotlight Market Conditions for Hillsborough, New Jersey Reported by The Drake Team Joanne & J.M.(Mike)Drake, REALTOR February 16, 2005 - The Hillsborough Area has seen continued appreciation in home values over the last six years. Read the full story here WIN A $25.00 Gift Certificate to the restaurant of your choice!! Send in your best suggestion for our newsletter. The winner will receive a $25.00 gift certificate to the restaurant of their choice and will be featured in our next newsletter! Did You Know? High-Tech Products Aim To Enliven Bathrooms By VAUHINI VARA Staff Reporter of The Wall Street Journal From The Wall Street Journal Online Jevto Dedijer believes the toilet is the last thing that should pop into your mind when you think about bathrooms. Read the full story here Feedback We have provided a quick, 3-question survey to be completed. Your feedback is important to us to know how to better serve you. Click here for survey Visit us today at: www.metrowestappr.com Visit our sister company World Appraisal at: www.worldappraisal.com
	Questions & Answers Please email us at marketing@metrowestappr.com Your questions and our reply will appear in next months issue.
		Quote of the Month "Self-trust is the first secret of success." ~ Ralph Waldo Emerson ~
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