market value vs. appraised value

Palm Beach Post Real Estate

Builder GL Homes showing new models west of Delray Beach
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3.8 percent tax on home sales affects only people with high incomes who make large profits
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Sun Sentinel Real Estate

Citizens removes insurance discounts on 100,000 homes
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Ask a real estate pro: Bank of Mom and Dad should set lending rules
Board-certified real estate attorney Gary M. Singer writes about the housing market in this space each Friday. To ask him a question about short sales, mortgages, refinancing, homeowner's associations or any other residential real estate topic, click here .

Palm Beach Foreclosures

market value vs. appraised value

What is the difference between market value and appraised value?

The appraised value of a Boca Raton FL house is a certified appraiser's opinion of the worth of a home at a given point in time. Lenders require appraisals as part of the loan application process; fees range from $200 to $300.
Market value is what price the house will bring at a given point in time. A comparative market analysis is an informal estimate of market value, based on sales of comparable properties, performed by a real estate agent or broker. Either an appraisal or a comparative market analysis is the most accurate way to determine what your home is worth.

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Palm Beach Entertainment

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Florida Real Estate News

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