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How to Calculate Fair Market Value? | Bizfluent – Fair market value of an item is the purchase price agreed to between a willing buyer and seller, both of whom have knowledge of any restrictions on its use or defects affecting its condition. Determining fair market value requires taking into consideration specific factors about the item, plus changing market conditions.

Refinance When Home Value Increases Refinancing: How to maximize your home's appraisal – Dealing with a ‘low’ appraisal. In a refinance, however, a low appraisal may not be a deal breaker. Let’s say your lender is willing to loan you as much as 80 percent of your home’s value. If the property is appraised for $300,000, you can get as much as $240,000 in financing. If the appraisal comes in at $290,000,

What Is Fair Market Value? | realtor.com – To determine fair market value, a licensed appraiser gathers and measures the qualities of a home, such as its size, condition, neighborhood, and other factors. This information is used by lenders, attorneys, insurance companies, and other agencies to help determine a fair price. All that said,

How to estimate the market value of your home – Estimate of your home’s market value. Now you have three sale prices that can be used as a rough estimate of your home’s market value. If you conclude that the assessor’s estimated market value of your home is too high, then you should contact the assessor’s office to learn the procedures for an informal assessment review.

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how can I find out the fair market value of my home for Feb 2010? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

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What is the Fair Market Value of a home? | findwell – Someone who highly values a $50,000 home theater will certainly pay more than someone who wouldn’t get use out of it. A home’s value is determined in the present, not the past. market conditions change constantly and the fair market value is determined by what someone is willing to pay at this moment in time.

Valuing a home is not an exact science, but professional home appraisers take a number of key features into consideration when determining a home’s fair market value. These include the property’s age, lot size, internal square footage, the number of bedrooms and bathrooms, heat type, amenities and overall condition.

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