|
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 713-303-1111 Mobile.
|
Get Free Presentation On My 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 >
|
"makes us feel really special"
Curtis we love our house and appreciate your hard work and extra effort on many things.
Debbie Bothe
Read Quote >
View All Quotes >
|
 Compare three mortgages at one time.
Download TripleCalc now. It's free. |
Curtis Warren is one of The Top
Selling Real Estate Experts™
Find Out More > |
|
|
 |
Special Offers From Me To You! Just for you, I've assembled some Special Offers. Choose one or all!
Free Moving truck
Buy or sell using me and use my moving truck for free. Moving van also available to local charities and non profit groups
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 |
What is considered one of the few remaining tax shelters in the 1990s?
|
| A |
Homeownership--property taxes on a residence or vacation home are deductible up to $1 million. |
 See More Real Estate Trivia > |
|
|
|
|
- NUMBER1EXPERT™ 
