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Our goal is to assist you in the purchase of your new home. In determining an offering price, we must first establish a Fair Market Value for the property based on current market conditions, while also taking into consideration your special goals and needs. We will prepare this Market Analysis on the property before you make the offer.
Fair Market Value
- Is the highest price which a property will bring when a willing seller lists it for sale in an open market.
- Is determined by carefully researching the current real estate market in the area, gathering information from the Multiple Listing Service (MLS), title companies and/or local real estate companies. Some of the properties analyzed are listed for sale, some are recently sold, some are under contract and some have failed to sell in the current market. Although none of these homes is exactly like yours, they represent a good sample of comparable properties.
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