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Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend! Meet my Preferred Mortgage Lenders and Preferred Insurance Agents...
I have three preferred Mortgage Lenders. In no particular order, they are:
David Cockrell with Prodigy Mortgage, John Schutze with Bank of America, and Ed Solter with Presidential Mortgage.
I also have two preferred Insurance Agents. In no particular order, they are:
Phillip Moreno with Liberty Mutual and Amy Maddox with Allstate.
They are the best at what they do, and they would be happy to help you! Their contact information is below.
 
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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 Las Vegas hotel is famous for its casinos and is the largest hotel in the US.?
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| A |
With 5,012 rooms, the MGM Grand Casino is considered the largest hotel in the US. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
