Eminent domain is a legal process that gives federal, state or local governments the power to take private property for public use. Using eminent domain, the government can force the sale…
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fair market value
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Buyers Homeowners SellersThe Difference Between Fair Market Value, Appraised Value and Assessed Value
What is the difference between fair market value, appraised value and assessed value? Here’s an explanation. Fair market value is a subjective estimate of what a willing buyer would pay a…
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It’s important that your real estate agent develop a comparable market analysis to help in determining the right selling price for your home. If your property isn’t attracting serious shoppers, you…