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The Dream Team (860) 651-6100
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UNBEATABLE 30 Point SOLD Plan!
Bottom line, we spend more money to market our listings than any of our competitors.
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 Compare three mortgages at one time.
Download TripleCalc now. It's free. |
The Dream Team are some of The
Top Selling Real Estate Experts™
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Check Out These Special Offers From Our Affiliates! Below are recommendations for professional services.
NOTE: The Dream Team and Remax have no affiliation with or incentive to endorse to our Buyers and Sellers.  Need a loan? Try one of these mortgage companies:
1) Sanborn Mortgage Corporation
Contact: Michael Menatian
860-561-1677 www.sanbornmortgage.com
2) First Connecticut Mortgage
Contact: Peter Grimm
203-267-7400 www.fcmrate.com
Need a closing attorney? Try one of these law firms:
1) Moran, Shuster, Carignan & Knierim
111 Simsbury Road, Avon
Contact: Phil Carignan
860-678-0450
2) Benneche Law Firm
885 Hopmeadow Street, Simsbury
Contact: Tom Benneche
860-658-4800
3) Webber & Meyers, LLC
237 Hopmeadow Street, Suite 102, Simsbury
Contact: Linda Meyers
860-651-7279
4) Steier & McCormick, LLC
56 East Main Street, Avon
Contact: Mark Steier
860-677-6277
Need Insurance? Try:
1) State Farm
51 East Main Street, Avon
Contact: Ron Huston, Agent
860-678-1032
Need an Accountant? Try:
1) Nathan Powers & Co.
200 Fisher Drive, Avon
Contact: Alan Nathan, CPA
860-677-5001
 
About Appraisals >Fair Market Value
What is the best price for a piece of real estate? Mortgage lenders, appraisers, and real estate brokers use what is called the "fair market value" (FMV). FMV has been defined as "the price that a buyer is willing to pay and the seller is willing to accept, when both parties are knowledgeable about the property and neither is under any time pressure to buy or sell". Sounds great, but how is this price determined?
The starting point for determining a fair price may be an opinion of the value or "comparative market analysis". Such an analysis uses information on similar properties which are: 1) currently for sale, 2) already sold, or 3) expired properties (those which did not sell). Local, national and international trends and market conditions must also be evaluated.
By comparing similar properties in each of the three categories and the market conditions, appraisers, lenders and agents come very close to the maximum price that buyers would be willing to pay for a house.
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Due to low business and living expenses, what areas are considered to be the fastest growing in the country?
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| A |
According to recent studies, the Southern and Western regions of the U.S. are among the nation's strongest economies. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERTS™ 
