Tag: Fair Market Value

Posted on 09/08/2024
Financial real estate terms buyers should know
The more real estate terms you understand, the more...
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Posted on 08/27/2023
Assessed value & fair market value: What's the difference?
As you venture into the world of real estate, you may hear...
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Posted on 10/30/2022
Ad valorem tax & other important tax terms to know
Ad valorem is a Latin term meaning "according to value." In tax language, ad valorem means a flexible value dependent on the specific asset. Ad valorem is just one of many important terms related to property taxes you should know. Here are a few more examples of important property tax terms: Assessed value Assessed value refers to the...
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Posted on 04/10/2022
What Does Fair Market Value Affect?
There are many variables that make up the fair market value of a property. Because this value depends heavily on the environment and the property itself, it’s crucial in making sure you get the best buying or selling price. Here are some of the biggest things that fair market value affects: Insurance Homeowner’s insurance always uses the fair...
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