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  2. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    This is unfortunate for one of the two parties. It is the obligation of a real property appraiser to estimate the true market value of a property and not its market price. Frequently, properties are assessed at a value below their market values; this is known as fractional assessment. [5]

  3. How Are Property Taxes Calculated? - AOL

    www.aol.com/finance/property-taxes-calculated...

    In Hawaii, property taxes average 0.28%, which means homeowners pay just a little more than $600 a year despite an average home value of over $615,000. See: States With the Highest Property Taxes

  4. Broker's price opinion - Wikipedia

    en.wikipedia.org/wiki/Broker's_price_opinion

    When completing the report, value is chosen for 30 day quicksale, and 60–90 day values, and a suggested list price for each is calculated based on market conditions and list to sale ratio for that market. The repaired fair market value is then reduced by itemized repair costs to find the as-is value. [5] [11]

  5. A Guide to Property Taxes on Your Home - AOL

    www.aol.com/property-taxes-used-calculate-them...

    Apply the millage rate: The millage rate is 15 mills, which equal 1.5% for every $1,000 of assessed value. Calculate the property tax: 15/1000 x 500,000 = $7,500. The final property tax is $7,500.

  6. Automated valuation model - Wikipedia

    en.wikipedia.org/wiki/Automated_valuation_model

    An AVM is a residential valuation report that can be obtained in a matter of milliseconds. It is a technology-driven report. The product of an automated valuation technology comes from the analysis of public record data and computer decision logic combined to provide a calculated estimate of a probable value of a residential property.

  7. 7 Biggest Myths of Buying a Home in California in 2025 ... - AOL

    www.aol.com/finance/7-biggest-myths-buying-home...

    According to data from Zillow, the average home price in California is currently $771,057, an increase of 3.7% annually. Based on the most recent information from Redfin, there are currently ...

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