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Fair Market Value
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∙ 11y ago
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How do fair market values of homes compare to home appraisal values?
The Fair Market Value (FMV) and the appraised value would largely be the same. The FMV is what the market would pay (arm's length transaction). The appraised value is the value an appraiser will put on the property by finding three other properties that have recently sold and are considered so similar they are comparable for determining the value. The appraised value is not the tax value or the tax assessed value.
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what does the term B2G stands for in business model?
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