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you just sold our house for more than we expected Thank You just isn't big enough a word to express how we feel about all that you have done for us over the years. Dale & Jann Kredit (Scottsdale, AZ) Read Quote > View All Quotes >
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Things To Do In Phoenix, Scottsdale, Paradise Valley, Tempe, Chandler, and Gilbert!
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MUSEUMS |
| | A 600-acre tribute to the great architect Frank Lloyd Wright, where structure and nature are combined in harmony. Frank Lloyd Wright’s Taliesin House West | | | This is one of the most complete museums on the art and culture of the Native Americans of mainly the southwest United States. The Heard Museum | | | A collection of almost 16,000 artworks that span the centuries. The emphasis is on American, Asian, Latin American, Modern and Contemporary, and Western American Art. Phoenix Art Museum | | | Mission statement: …The Museum is dedicated to enhancing the knowledge of prehistory, history, and ethnology of Native Americans and inhabitants of the Southwest, and promoting a greater understanding of other cultures past and present…. Pueblo Grande Museum | | | Center for the arts, contemporary art, Public Art, Cultural Council. The heart of the arts in Scottsdale. Scottsdale Museum of Contemporary Art |
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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 |
In what real estate market are more than 90 percent of home sales cash transactions?
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Palm Beach, home to princes, politicians, and CEOs, has homes from 2,000 sq.ft. condos to 56,000 sq.ft. estates. |
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