Monday, February 10, 2014

Fair Market Value


This is the true value of your home and usually the selling price of your home.

To sell your home, the final price must be the price that the buyer agrees it is worth and the price that you agree to sell for.

The buyer comes from a lower value. You come from a higher value. Where you meet is the final selling price of your home.

How can you guess fair market value?

For most homes, a good way to estimate the fair market vlaue and probable selling price of your home is to visit with a real estate agent.

Your real estate agent can show you the original asking prices of similar homes in your area and the actual selling prices of these homes over the past six months or a year.

The real estate market changes rapidly because of mortgage interest rates, housing shortages, and excessive vacancies. You'll only want the most recent selling prices to get a fair estimate of your home's fair market value.

If you have any questions about selling your home, contact Terez Harris NOLA Real Estate Group. We would love to help. Call (504)297-2619 or email Harris.Terez@gmail.com for more information.

Terez Harris NOLA Real Estate Group
(504)297-2619






Keller Williams Realty New Orleans 8601 Leake Ave. New Orleans, LA 70118 504-862-0100

Each office independently owned and operated. All brokers licensed in the state of Louisiana.

No comments:

Post a Comment