The fair market value of a house is a critical element of the homebuying process. It influences how much buyers will pay and how much of a mortgage loan lenders are willing to approve. Fair market ...

A home is many people’s most significant investment. Even if you have no plans to sell yours, knowing how much it’s worth is essential. Not only does the value of your home help determine how much ...

In the world of real estate, it is common to use fair market value (FMV) as a way of describing the value of real estate or rents payable. However, perhaps not often considered is the issue that the ...

When the government exercises its power of eminent domain to take private property for public use, the U.S. Constitution requires it to provide “just compensation” to the property owner. But what does ...

A home’s fair market value is, essentially, the price that a buyer would pay a seller for it on the open market. Many factors ...