 |
Special
Offers: Special offers for Bridgewater, Basking Ridge and Somerset
County homeowners from John Bendall, top Realtors |
|
Help Wanted: John
Bendall's real estate office job openings |
|
Monthly
Payments & Schedule: Monthly loan payments java mortgage
calculator |
|
How Much Can You Afford?:
Calculate how much home you can afford with this financial
calculator |
|
Determine Tax Savings:
Calculate how much your monthly Bridgewater, Basking Ridge and Somerset
County New Jersey mortgage payments save you on your taxes because of loan
interest |
|
Should You Rent or Buy?:
Is it better to rent a home in New Jersey or buy your own Bridgewater,
Basking Ridge and Somerset County house, ranch, luxury property, condominium,
acreage, or other real estate? |
|
Adjustable Rate Mortgages:
Adjustable rate Bridgewater, Basking Ridge and Somerset County
mortgages information and interest rate java calculator |
|
What Is
Your APR?: Determine the Annual Percentage Rate (APR) for your
mortgage. |
|
Fixed or Adjustable Rate
Mortgage?: Use this calculator to compare a fixed rate mortgage to two
types of ARMs, a Fully Amortizing ARM and an Interest Only ARM. |
|
Are
Balloon Mortgages For You?: Balloon mortgage calculator. A balloon
mortgage can be an excellent option for many home buyers. |
|
15 vs. 30 Yr Mortgages: With
a 15 year mortgage you will pay significantly less interest, but only if you
can afford the higher monthly payment. Use this calculator to compare these two
mortgage terms. |
|
How Much Should Your Income Be?:
What income is required to qualify for a mortgage? Use this calculator
to find out. |
|
What's
Your Maximum Mortgage?:This calculator will help you determine your
maximum monthly housing payment and the resulting mortgage amount. |
|
Will
Buying Points Save You Money?:This calculator helps you determine if
you should pay for points, or use the money to increase your down
payment. |
|
TripleCalc:
FREE Software Download: TripleCalc lets you compare three loans at one
time for your property or other New Jersey real estate |
|
Top National Real Estate Web
Sites: Real Estate Web Sites that include some unique sources of realty
information, listings, and more |
|
Ask
Anything: Ask John Bendall anything real estate |
|
NUMBER1EXPERTS: List of all the NUMBER1EXPERT real
estate agentss and realty professionals and brokers in the USA and Canada with
links to their personal web sites with homes for sale |
|
Real Estate
Tips: John Bendall's realty library of real estate tips and advice on
everything from preparing your home for sale to negotiating with home buyers to
escrow, closing costs, property inspections, and mortgage brokers |
|
Real Estate Trivia:
John Bendall's collection of real estate trivia questions and answers
that include real estate topics such as the most expensive home, largest
swimming pool, and more |
|
Real Estate Dictionary:
Complete real estate dictionary and glossary of realty words you'll use
when you list and sell your Bridgewater, Basking Ridge and Somerset County
property in New Jersey, including legal terms definitions, and more |
Please Sign Up For The
Latest Listings and the Latest Real Estate News
 |
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.
|
|
| Q |
What is the world's tallest monument?
|
| A |
The stainless steel Gateway Arch in St. Louis, MO, designed by architect Eero Saarinen and costing $29 million to build, is 630 feet high. |
 See More Real Estate Trivia > |
|
|
|
- NUMBER1EXPERTS™ 
