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All agents are NOT alike! Find out why I am a top real estate expert.Call me today at 617-233-6210.
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Find Out About the Latest Homes for Sale First! I add my newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS. Find Out More > View All Offers >
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Eric Glassoff Did A Great Job Helping Me "I truly trusted his opinions and suggestions. He answered my many questions with great patience and even nicknamed me, 'thorough'.” Jamie Spiegle Read Quote > View All Quotes >
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Compare three
mortgages at one time. Download TripleCalc now. It's free.
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Eric Glassoff is one of The Top
Selling Real Estate Experts Find Out More > |
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Download TripleCalc for FREE. It's My Gift to You. You can compare three loans at one time with TripleCalc software. The software installs easily on your Windows PC. You don't have to be online to use TripleCalc, like the other calculators on my site. You can leisurely compare three loans from three different lenders, and try different scenarios to see which loan is best for you. TripleCalc would cost you about $30 elsewhere, but you can have it for FREE. It's my gift to you for visiting my Brookline, Newton and Boston web site. You can send copies of TripleCalc to all your friends and associates. Click on the Download link below to get TripleCalc. It's a small file (about 225k) so it will download quickly. Save it on your hard drive, and then double-click on it. You'll see that it installs in a snap...
Download TripleCalc
Now!

This is what
TripleCalc will look like on your Windows PC. You can compare 3 loans, at one
time -- and you don't have to be online. TripleCalc lets you get a leg up on
complicated loan comparisons. |
Includes 8 other
calculations you can't do without:
- Simple Mortgages with
P.I.T.I.
- Pre-qualifying mortgages
- Plus lease, investment, balloon payment
and other calculators.
- Every calculator uses the
super-convenient "compare three at once" format.
- It's FREE.
Download TripleCalc
Now!
Download TripleCalc
Now!
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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 is the average price for a home in the United States?
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| A |
According to recent data published by the NAR, the national median price for existing single-family homes is now $230,000. |
See More Real Estate Trivia > |
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Eric Glassoff Coldwell Banker 1375 Beacon St. Brookline, MA 02446 Tel: 617-233-6210 Fax: 617-796-8480 Email: Eric@BostonRealEstateExperts.com Email: eric.glassoff@nemoves.com Email: eglassoff@comcast.net
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