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https://www.zillow.com/home-buying-guide/how-to-value-a-house/
Aug 09, 2016 · There are three values for any home on the market: What the seller thinks it’s worth, what the buyer thinks it’s worth and what a professional appraiser will think it’s worth. The key to a successful purchase is to get those three numbers to align. You never want to assume that the asking price of a home is also its fair market value.Estimated Reading Time: 8 mins
https://fairvaluehomebuyers.com/
Paul Anesevice has been in the “Real Estate” business for 20 years – and counting. He began his career as an investor in Pompano Beach in 1998 and for the past 3 years lives and works in Palm Beach Gardens. As someone from the real estate and investment industry, Paul knows the stress and headaches that Homeowners face when trying to sell their homes and get on with their lives.
https://www.irs.gov/publications/p561
Fair market value. Fair market value (FMV) is the price that property would sell for on the open market. It is the price that would be agreed on between a willing buyer and a willing seller, with neither being required to act, and both having reasonable knowledge of the relevant facts.
https://www.realtor.com/advice/buy/what-is-fair-market-value/
Aug 12, 2019 · To determine fair market value, a licensed appraiser gathers and measures the qualities of a home, such as its square footage, condition, similar homes in the area, neighborhood, market conditions ...
https://homeguides.sfgate.com/fair-market-value-house-6891.html
"Fair market value" describes how much any kind of property, including a house, is really worth. The IRS, which came up with the term, defines fair market value as the price the house would sell ...
https://www.homelight.com/blog/buyer-what-is-fair-market-value/
Dec 30, 2019 · Fair-market value and the buyer-seller relationship. For fair-market value to truly come into play during a real estate transaction, there can be no prior relationship between the buyer and the seller. The seller isn’t a friend, colleague, relative, congregation member, recreational acquaintance, or friend-of-a-friend of the buyer in any sense.Estimated Reading Time: 9 mins
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