Real Estate Terms

What Is Fair Market Value of a House: A Complete Guide!

Fair Market Value is a concept often used in economics, real estate, finance, and property taxation. It is the price at which a property would be transferred from a seller to a...

7 mins read Jan 15, 2024
What Is Fair Market Value

Assessed Value: 8 Reasons Why You Should Calculate It

The local government agency, such as a county assessor's office, determines the dollar value assigned to a property for calculating property taxes. This agency considers various factors, including the...

6 mins read Jan 12, 2024
Assessed Value

Assessed Value vs Market Value: How It Affects You and How It Doesn’t

Assessed value is the value assigned to a property by the government for calculating property taxes. Market value is the estimated price that a property would sell for in the open market under normal...

7 mins read Jan 12, 2024
Assessed Value vs Market Value

Encroachment in Real Estate: How to Deal With It?

To deal with encroachment, communicate with the encroacher, consult a real estate attorney, and consider legal...

5 mins read Jan 12, 2024
Encroachment
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