Tag: Home Value

Posted on 02/04/2024
Ad valorem tax & other terms property owners should know
Ad valorem is a Latin term meaning "according to value."...
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Posted on 10/16/2022
Real estate terms for first-time homebuyers
For many first-time homebuyers, knowing common real estate terms can help prevent the feeling of information overload. Once you learn the language real estate agents use, you may feel much more comfortable in your quest to find your dream home. Here are some helpful real estate terms to know: Contingent You’re likely to encounter the term “contingent” when...
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Posted on 04/24/2022
How to add value to your home: High ROI home upgrades
Whether you’re a homeowner or a real estate investor, it’s always important to know how to add value to your home. Many upgrades and renovations have a higher rate of return than others, and it’s helpful to know them to make the best possible investment in your property. Here are some of the home upgrades with the highest...
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Posted on 01/10/2021
Determining Fair Market Value
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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