|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 636-332-0481.
|
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. |
Prinster, REALTORS
is one of The Top Selling Real Estate Experts™
Find Out More > |
|
|
|
About Prinster, REALTORS:
About Prinster, REALTORS - Information about Prinster, REALTORS of St. Peters, O'Fallon and St. Charles, Missouri Meet Our Team - As top real estate agents, we do not work alone! We have a whole team of people working in your best interests. Meet our team. Professional Resume - Our Experience, Credentials, Track Record, and Awards. Testimonials - Read what Prinster, REALTORS' clients are saying about the real estate marketing and services provided. Quick Response Guarantee - A quick response to your email request for more Missouri home buying & property selling information is guaranteed by Prinster, REALTORS. Privacy Guarantee - This St. Peters, O'Fallon and St. Charles real estate web site will respect your privacy, guaranteed by Prinster, REALTORS. No Obligation Guarantee - Prinster, REALTORS' real estate help by email is free & without obligation for St. Peters, O'Fallon and St. Charles home owners in Missouri. For Real Estate Agents - Let Prinster, REALTORS help you with your professional real estate broker and agent needs in the St. Peters, O'Fallon and St. Charles area. About NUMBER1EXPERTS™ - NUMBER1EXPERTS™ are top real estate professionals, find out more. Contact Information - How to contact Prinster, REALTORS. Go to Main Sitemap - Main sitemap sections include Find St. Peters, O'Fallon and St. Charles Homes, For Home Buyers, For Home Sellers, St. Peters, O'Fallon and St. Charles Information, Real Estate Resources, and About Prinster, REALTORS. 
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 |
What is the most common name for a city in the United States?
|
| A |
Fairview is the most common city name, according to the 1996 Top Ten of Everything Book. |
 See More Real Estate Trivia > |
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
