Real Estate Tips by Tom Koziol | April 10, 2009Image by Getty Images via Daylife I must be in a cost/price/value mindset since my last post dealt with replacement cost should a disaster befall one or more of your properties. Today I will attempt to make the point that cost and/or price doesn’t always equal value. Most of us understand this truism but every [...]
Read the full article → Real Estate by Anwell Tsai | January 22, 2009With the ongoing deluge of foreclosures and short sales, it has become more and more difficult to determine what the market value of homes are. The market value is the most probable range of values in which a typical buyer and a typical seller will agree to terms with in an at arms length transation. Foreclosures [...]
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