(305) 793-1365 restivomiami@gmail.com

WHO DETERMINES FAIR MARKET VALUE?

September 16, 2010

P R O P E R T Y   S E A R C H

R E S T I V O – H E C H T M A N    T E A M

 

THE ‘IDEA’ OF FAIR MARKET VALUE CAN AND DOES VARY ACCORDING TO WHO IS DETERMINING IT.value

WHILE THERE IS A FORMULA FOR DETERMINING VALUE, COMBINING RECENT RELEVANT SALES,  THE PROPERTY TAX APPRAISER’S ASSESSMENT,  NUMBERS OF PEOPLE BUYING AS OPPOSED TO SELLING, AND MARKET CONDITIONS, AND THE MARKET VALUE AS DETERMINED BY THE COUNTY … MUCH ABOUT BUYING AND SELLING REAL ESTATE BOILS DOWN TO TWO THINGS :  PRICE PER SQUARE FOOT AND (LIKE ART)  THE SUBJECTIVE VALUE ANY ONE GIVEN INDIVIDUAL PLACES ON THAT PROPERTY.

AS A REALTOR, I CAN TELL YOU THAT I’VE COME ACROSS PLENTY OF HOMES I’D HAVE PAID WELL OVER ASKING PRICE FOR, AND PROBABLYAS MANY THAT I WOULDN’T HAVE WANTED EVEN YOU YOU GAVE THEM TO ME.  BEAUTY IS IN THE EYE OF THE BEHOLDER.  NOT ONLY IS THAT TRUE OF ART, BUT IT’S DEFINITELY TRUE OF HOMES.

WHENEVER YOU’RE IN THE MARKET TO BUY OR SELL REAL ESTATE, CALL US AT 305-793-1365 / 305-632-0164. WE KNOW THE FACTS, THE STATS, THE MARKET CONDITIONS AND CAN GIVE YOU THE INFORMATION YOU NEED TO HELP YOU DECIDE ON THE BEST OPPORTUNITIES OUT THERE FOR YOU.

Are You Prepared?

Are You Prepared?

Hurricanes Among the Most Destructive Forces in Nature     For those in the path of a hurricane: Board up windows and secure loose items like patio furniture Know where to go in the event of an evacuation and how to get there; establish an assembly point for family...

error

Enjoy this blog? Please spread the word :)

LinkedIn
LinkedIn
Share
Instagram
Follow by Email
RSS