Tag: Home Value

Posted on 04/24/2022
Financial real estate terms buyers should know
The more real estate terms you understand, the more comfortable you will be in your home buying process. This is especially true for financial vocabulary related to real estate transactions. To help familiarize you with some of these important concepts, here is a quick guide to financial real estate terms: Fixed rate mortgage A fixed rate mortgage is...
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Posted on 01/19/2020
Determining Fair Market Value
Image by Andrey Popov from Shutterstock The term "fair market value" is the price at which an interested but not desperate buyer is willing to buy and a motivated but not distressed seller is willing to sell on the open market in your location. The set value depends on recently sold similar-sized homes with like amenities, upgrades, and...
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Posted on 11/10/2019
Is Your Home Worth Less Than You Originally Paid for It?
Let's face it – determining how to price a home is rarely simple for a seller. In some instances, your home may be worth less than you originally paid for it. Ultimately, if you failed to maintain your house over the years, various home problems may crop up when you decide to list your residence. If these issues go...
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