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You wouldn't trust a plumber to do heart surgery, so choose a full time Realtor that knows Real Estate! And by the way, you're on their website!
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For Home Sellers:
Why Sellers Choose Michael Sackman and Melissa Pender - Why home sellers in Port Royal, Beaufort and Bluffton choose Michael Sackman and Melissa Pender. Free Presentation - Free in-home listings presentation on marketing your Port Royal, Beaufort and Bluffton, in Beaufort County South Carolina property. Property Valuation - How much is your Port Royal, Beaufort and Bluffton home worth? What Did That Home Sell For? - What did that Port Royal, Beaufort and Bluffton, South Carolina property or other real estate sell for? FSBO - Selling your Port Royal, Beaufort and Bluffton real estate on your own? Go to Main Sitemap - Main sitemap sections include Find Port Royal, Beaufort and Bluffton Homes, For Home Buyers, For Home Sellers, Port Royal, Beaufort and Bluffton Information, Real Estate Resources, and About Michael Sackman and Melissa Pender.
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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.
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| Q |
What place is known as "America's Stonehenge"?
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| A |
A 4,000 year-old stone constructed megalithic site located on Mystery Hill in Salem, Massachusetts. |
 See More Real Estate Trivia > |
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