Tag: Home Value

A beginner's guide to PITI & property taxes
Posted on 11/10/2024
A beginner's guide to PITI & property taxes
PITI is an acronym for principal, interest, taxes and...
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How is Fair Market Value Determined?
Posted on 12/29/2019
How is Fair Market Value Determined?
Image by Andrey Popov from Shutterstock The term "fair market value" is the price at which an interested but not desperate buyer is willing to buy and a motivated but not distressed seller is willing to sell on the open market in your location. The set value depends on recently sold similar-sized homes with like amenities, upgrades, and...
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