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Inspired real estate advice from Lisa 870-974-7380.
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Find Out About the Latest Homes for Sale First!
We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS.
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The Benton-Roberts Team are some
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Special Offers From Us To You! Just for you, we've assembled some Special Offers. Choose one or all!  
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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What three things are necessary in order to purchase a home?
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Some cash, a dependable income and good credit. If you fall short, don't despair--homeownership may still be possible. |
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The Benton-Roberts Team
RE/MAX Real Estate Centre
2102 Fowler Ave.
Jonesboro, AR. 72401
Phone: 870-974-7380
Lisa Cell: 870-243-7222
Lonnie Cell: 870-919-0969
Fax: 870-933-9022
Email: LisaandLonnie@NUMBER1EXPERT.com
The Benton-Roberts Team serves Northeast Arkansas with a customer oriented "It's My Pleasure" attititude. Their Top Of The Line Service, Bottom Line Results philosphy makes them your best choice for a real estate team.
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