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When a property of a home is sold, the tax amount is called the real market value. The actual value of the home would have to be determined by an appraiser.

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11y ago

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Can a property be sold with out a deed?

No. A deed is the instrument by which real property is transferred.


Is this real estate property being sold on a cash only basis?

Is this property being sold for cash only?


What is a real estate appraiser?

Real estate appraisal is the process of establishing a fair market value for real property. A real estate appraiser is a professional whose job it is to give an Opinion of Value of real property. An appraiser can appraise property for mortgage purposes, insurance purposes, tax purposes, for setting a price for a seller or for determining the value of an estate. An appraiser examines the property, takes pictures, notes any improvements or upgrades, damages or problems, studies the area, determines a rating for the general condition, uses the MLS and other databases to see what other similar homes have sold for recently, and then gives his opinion of the market value of the property.


What does amv property price mean?

AMV, or "Approved Minimum Value," in property pricing refers to the minimum value set by a lender or auctioneer for a property during a sale or auction process. It serves as a baseline to ensure that the property is sold at a price that reflects its market value and can help protect both buyers and sellers. The AMV is often used in the context of real estate auctions to guide bidding and prevent properties from being sold for less than their worth.


Why should a property be sold with a top real estate agent?

A property should be sold with a top real estate agent to maximize the selling's profit. A top real estate agent should know what they are doing and what are the market values.


In real estate what is the definition of off market?

The property is in escrow or sold.


How to figure out the property value of a house?

One of the easiest way to know the value of a property/house is to compare it with other houses in the area that were recently sold. For instance, if a nearby house is sold at $100,000 and another nearby house is sold at $150,00, then the average value of the house in that area is $125,000.


What does a lien on real property accomplish?

The property cannot be sold or mortgaged until the lien has been paid.


What is a realestate short sale?

A real estate short sale is where property is sold less than market value in an effort to recover monies owed from the borrower's mortgage.


What is struck off property?

Struck off property is real estate that is so overdue in property taxes that it is a burden on the government authority. It is usually sold or auctioned by the governing county, where the buyer will pay a reduced value, plus any owed taxes.


Does a judgment act the same as a lien when you sell real property?

When a judgment is recorded in the land records it becomes a judgment lien against the debtor's real property. That property cannot be sold or mortgaged until the lien is paid.When a judgment is recorded in the land records it becomes a judgment lien against the debtor's real property. That property cannot be sold or mortgaged until the lien is paid.When a judgment is recorded in the land records it becomes a judgment lien against the debtor's real property. That property cannot be sold or mortgaged until the lien is paid.When a judgment is recorded in the land records it becomes a judgment lien against the debtor's real property. That property cannot be sold or mortgaged until the lien is paid.


Does a vinyl pool add value to the home as they are less costly and more people can afford them?

I sold property I owned, I had this same Q. My real-estate agent said, If the potential buyer wants A pool its good, If not Its sorta bad, So, No real value.