What is the fair market value of a home?

What is the fair market value of a home?

  What is the fair market value of a home? Fair market value (or “FMV”) is an estimate of the price that a home would sell for on the open market. When fair market value is estimated, it is assumed that the buyer and the seller are both reasonably...
U.S. Cities Where Homes Are Selling the Fastest

U.S. Cities Where Homes Are Selling the Fastest

U.S. Cities Where Homes Are Selling the Fastest. COVID-19 has brought tremendous volatility to many economic sectors, and one area where the effects have been felt most strongly is real estate. In most areas, the onset of the pandemic last spring temporarily...
Pros and Cons of Remodeling Your First Home

Pros and Cons of Remodeling Your First Home

  Pros and Cons of Remodeling Your First Home. Buying a new home is an exciting prospect, especially if it is your first home. As a first time home buyer, you may be mulling over possibilities, including whether to purchase a fixer-upper or choosing a home that...