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Assessed Value vs Market Value
Assessed Value vs. Market Value - Assessed value is the valuation placed on property by a public tax assessor for purposes of taxation. It is not the same as Fair Market Value. Fair Market Value is the agreed upon price between a willing and informed buyer and a willing and informed seller under usual and ordinary circumstances. There is nothing ordinary about todays market. More than ever...Consult a Realtor.
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Comments
Meredith DeLeo
Tue, 2012-01-17 19:27
Permalink
Definitely
More importantly- contact a KNOWLEDGEABLE realtor who know what she is doing in these economic times when nothing ordinary or streamlined. So glad to have you in my circle if the circumstance were to arise!
Meredith DeLeo
Tue, 2012-01-17 19:27
Permalink
Definitely
More importantly- contact a KNOWLEDGEABLE realtor who know what she is doing in these economic times when nothing ordinary or streamlined. So glad to have you in my circle if the circumstance were to arise!
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