Tag: Fair Market Value

Posted on 05/20/2024

The difference between assessed value & fair market value

As you venture into the world of real estate, you may hear...

Posted on 07/25/2022

Ad valorem tax, millage rates & more: Key terms to know

Ad valorem is a Latin term meaning "according to value." In tax language, ad valorem means a flexible value dependent on the specific asset. Ad valorem is just one of many important terms related to property taxes you should know. Here are a few more examples of important property tax terms: Assessed value Assessed value refers to the...

Ad Valorem

Assessed Value

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Posted on 10/04/2021

Fair Market Value: Why It Matters

There are many variables that make up the fair market value of a property. Because this value depends heavily on the environment and the property itself, it’s crucial in making sure you get the best buying or selling price. Here are some of the biggest things that fair market value affects: Insurance Homeowner’s insurance always uses the fair...

Fair Market Value

Home Buying

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