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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.
What else can I help you with?
How can I determine the value of my house?
You can determine the value of your house by getting a professional appraisal, researching recent sales of similar homes in your area, and considering factors like location, size, condition, and market trends.
What is the appraisal value of my home?
The appraisal value of your home is the estimated worth of your property based on factors like location, size, condition, and recent sales of similar homes in the area.
How many bank repo homes were on the market in 2012?
Only about 10% of the 390,000 bank repo homes available were on the market in 2012 so the market would not be flooded. Therefore only about 39,000 repo homes were available in 2012 even though there were in reality another 90% available.
Will you have instant equity when you build a new house?
Not necessarily, it depends on the market and the price of homes around yours. The only way to know is lets say you built a house that cost you 300,000 and your appraisal for the bank is the same amount, then no equity yet. If the appraisal is 400,000 the you have 100,000 worth of equity right away. When you start paying down the loan on the house that is equity too, for the amount you've paid off and the worth of the house.
Do container homes hold value in the real estate market?
Container homes can hold value in the real estate market, but their value can vary depending on factors such as location, design, and quality of construction.
How can you acquire a Home Appraiser License in the USA?
You must attend certification classes to receive an apprasier license. You will need basic knowledge of appraisal values of homes in the area in which you choose to get licensed.
What services are provided by Pinellas County Property Appraiser?
There are many services provided by Pinellas County Property Appraiser. The Pinellas County Property Appraiser gives appraisal values of homes in Pinellas County.
How can I determine the value of my house?
You can determine the value of your house by getting a professional appraisal, researching recent sales of similar homes in your area, and considering factors like location, size, condition, and market trends.
What does foreclosure do to property value?
When foreclosed homes are sold they are often sold at significantly reduced prices. Any time homes in an area are sold for prices lower than previous sales in that same area, the property values of all similar homes in that market area decline. Many people mistakenly believe that if they sell their home under normal circumstances that foreclosure sales do not affect their values. Home sales are much like any other consumer transaction; items selling for lower prices in a market reduce the value of similar items regardless of sale reason. Distressed or damaged homes, while not similar in condition to maintained homes, will still drag down market values overall even though a maintained home will still sell for a slightly higher amount.
What are the values of Cambridge homes?
Cambridge homes can have a very extensive difference in home values. The Cambridge home values can range from a value of 472,000 dollars to 372,000 dollars.
What is the appraisal value of my home?
The appraisal value of your home is the estimated worth of your property based on factors like location, size, condition, and recent sales of similar homes in the area.
How can I compare nursing homes?
To compare different nursing homes, I would suggest visiting Medicare.gov. There you will be able to compare different nursing homes in you area. After you found a few that you like, I would then go and look around each one to make sure they are alright.
What is the market cap for Lyon William Homes WLH?
As of July 2014, the market cap for Lyon William Homes (WLH) is $880,161,288.35.
What do you find on the website Zillow?
Zillow is a real estate website. One can access apartments for rent, homes for sale, house values, real estate market reports and mortgage information on Zillow.
What is the market cap for American Homes 4 Rent AMH?
As of July 2014, the market cap for American Homes 4 Rent (AMH) is $3,433,684,481.94.
How do heating bills in log homes compare to those in standard bulit homes?
Heating bills in log homes are genearlly cheaper than those in standard bulit homes.
In real estate what is the principle of progression?
According to the Appraisal Institute's Dictionary of Real Estate Appraisal (5th edition), progression in appraisal is the "concept that the value of an inferior property is enhanced by its association with better properties of the same type." An example would be a smaller home is a neighborhood of larger homes.
