|
An expert Real Estate Profesional can save you money - Guranteed!Call us: (203) 987-6255 Ext 111.
|
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 >
|
Special Care
They always take care of you like family.
Marie
Read Quote >
|
 Compare three mortgages
at one time. Download TripleCalc now. It's free. |
Gutierrez Real Estate Group is one of The Top Selling Real Estate Experts™
Find Out More > |
|
|
|
For Home Sellers:
Why Sellers Choose Gutierrez Real Estate Group - Why home sellers in Bridgeport, Stratford and Trumbull choose Gutierrez Real Estate Group. Free Presentation - Free in-home listings presentation on marketing your Bridgeport, Stratford and Trumbull, in Fairfield County Connecticut property. Property Valuation - How much is your Bridgeport, Stratford and Trumbull home worth? What Did That Home Sell For? - What did that Bridgeport, Stratford and Trumbull, Connecticut property or other real estate sell for? FSBO - Selling your Bridgeport, Stratford and Trumbull real estate on your own? Foreclosure Assistance - Information coming soon... Go to Main Sitemap - Main sitemap sections include Find Bridgeport, Stratford and Trumbull Homes, For Home Buyers, For Home Sellers, Bridgeport, Stratford and Trumbull Information, Real Estate Resources, and About Gutierrez Real Estate Group.
Please Sign Up For The Latest Listings and the Latest Real Estate News
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 |
How many step are there leading to the top of the Eiffel Tower in Paris, France?
|
| A |
Visitors who walk to the top must go up 1,792 steps. |
 See More Real Estate Trivia > |
|
NUMBER1EXPERT™
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed. |
- NUMBER1EXPERT™ 
