Find Out About the Latest Homes for Sale First!
We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS.
Find Out More >
View All Offers >
|
 Compare
three mortgages at one time. Download TripleCalc now. It's
free. |
Joanna Parker-Lentz and Jodi B. Rubenstein
is one of The Top Selling Real Estate Experts™
Find Out More > |
|
|
|
Get Free Short Hills, Livingston, West Orange and Millburn School Reports From Local Experts, Quickly by Email Everyone offers free school reports. We do too! Plus we offer more. As top Short Hills, Livingston, West Orange and Millburn real estate agents, we can tell you things about the schools that no report generated by a computer will ever know. Remember, we consult with people moving to the Short Hills, Livingston, West Orange and Millburn, New Jersey area on a daily basis. It's our job to know, and our job to tell you. Call us for a first-hand experience of the local schools. Or fill out this form to send us a message right now. It's free and without obligation. We'll get back to you immediately with a phone call, a free report, or a brochure from a local school... What ages are your children? We'll tell you what your choices are for schools in Short Hills, Livingston, West Orange and Millburn. It's our job to help! There's no obligation, and we promise to get back to you quickly... 
 |
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.
|
|
| Q |
What has a tremendous impact on the U.S. economy, comprising between $10-$15 trillion of the nation's wealth?
|
| A |
Real Estate--it goes through cycles, but still has a long-term record of strong investment return. |
 See More Real Estate Trivia > |
|
Diamond NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
