|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 931-647-3600.
|
Get Free Presentation On Our Home Marketing.
Before signing a contract with any real estate agent, make sure you know EXACTLY how your home will be marketed.
Find Out More >
View All Offers >
|
"Thank you so much for everything"
"Bob we are so lucky to have found you, without you we may not be in this home that we love".
Bruce and Melissa
Read Quote >
View All Quotes >
|
 Compare three
mortgages at one time. Download TripleCalc now. It's free. |
The Worth Team
is one of The Top Selling Real Estate Experts™
Find Out More > |
|
|
|
For Home Sellers:
Why Sellers Choose The Worth Team - Why home sellers in Fort Campbell KY, Clarksville and Montgomery County choose The Worth Team. Free Presentation - Free in-home listings presentation on marketing your Fort Campbell KY, Clarksville and Montgomery County, in Montgomery and Christian County Tennessee property. Property Valuation - How much is your Fort Campbell KY, Clarksville and Montgomery County home worth? What Did That Home Sell For? - What did that Fort Campbell KY, Clarksville and Montgomery County, Tennessee property or other real estate sell for? FSBO - Selling your Fort Campbell KY, Clarksville and Montgomery County real estate on your own? Go to Main Sitemap - Main sitemap sections include Find Fort Campbell KY, Clarksville and Montgomery County Homes, For Home Buyers, For Home Sellers, Fort Campbell KY, Clarksville and Montgomery County Information, Real Estate Resources, and About The Worth Team.
Please Sign Up For The Latest Listings and the Latest Real Estate News
 |
About Appraisals >Fair Market Value
What is the best price for a piece of real estate? Mortgage lenders, appraisers, and real estate brokers use what is called the "fair market value" (FMV). FMV has been defined as "the price that a buyer is willing to pay and the seller is willing to accept, when both parties are knowledgeable about the property and neither is under any time pressure to buy or sell". Sounds great, but how is this price determined?
The starting point for determining a fair price may be an opinion of the value or "comparative market analysis". Such an analysis uses information on similar properties which are: 1) currently for sale, 2) already sold, or 3) expired properties (those which did not sell). Local, national and international trends and market conditions must also be evaluated.
By comparing similar properties in each of the three categories and the market conditions, appraisers, lenders and agents come very close to the maximum price that buyers would be willing to pay for a house.
|
|
| Q |
In what 2003 comedy does a very large family move to a new house on Forest Avenue in Evenston, Illinois?
|
| A |
"Cheaper by the Dozen", starring Steve Martin, was actually filmed in a house in Los Angeles near the Farmer's Market. |
 See More Real Estate Trivia > |
|
NUMBER1EXPERT™
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed. |
- NUMBER1EXPERT™ 
