Tag: Home 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 12/10/2023
How to Improve Your Home's Value With These Plumbing Projects
It's easy to forget about your plumbing as you are planning your home improvement and maintenance schedule. With pipes tucked away behind your walls and generally functioning as they should be, they are often overlooked. However, it's important to consider home improvement projects that will protect and enhance your plumbing, as this will ensure that everything is always...
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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 05/10/2020
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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