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Welcome To Arizona's Most Resourceful Real Estate Website. Here You Can Find Great Information on real estate in all of Phoenix along with the other areas I service including Ahwatukee, Chandler, Gilbert, Mesa, Ocotillo, Scottsdale, Tempe, Glendale, Peoria, Avondale, Case Grande, Queen Creek, Gold Canyon and Maricopa.  Looking for homes? Search everything the web has to offer, right here! Don't miss my Latest listings" sign up to receive Brand New Listings. Need local real estate information? I've summarized much of what is important about the Phoenix Real Estate Market in my Monthly Newsletter. Relocation Information on Property Management Services, Available Rental Homes, Lease Purchases, Foreclosures, Government Aquired Properties and Residential Resale Homes. Contact me with confidence! I guarantee your privacy will be respected. And I offer the services on this site for free and without obligation. Buying and Selling a home is one of the biggest events in your life. As a top Real Estate Professional I have the experience and track record you are looking for. Please let me help. When you're house hunting, take into consideration the cost of commuting to and from work. How much could you save by choosing a new home closer to work.
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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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| Q |
What 6,500 seat American theater was the location for the scene where the original 1933 King Kong breaks his chains onstage?
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| A |
The famous Shrine Auditorium in Los Angeles, built by the Shriners in 1906 to resemble an exotic Arabian mosque. |
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