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2. Home appraisal vs. home inspection: What’s the difference?

   www.aol.com/finance/home-appraisal-vs-home...

   An appraisal is a process used to determine the value of a home. Usually, if the homebuyer is seeking financing for the purchase, the bank or mortgage lender will require the property be appraised.

3. Property tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Property_tax_in_the_United...

   Tax assessors for taxing jurisdictions determine property values in a variety of ways, but are generally required to base such determinations on fair market value. [12] Fair market value is that price for a willing and informed seller would sell the property to a willing and informed buyer, neither being under any compulsion to act.

4. Real estate appraisal - Wikipedia

   en.wikipedia.org/wiki/Real_estate_appraisal

   Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value).Real estate transactions often require appraisals because every property has unique characteristics.

5. Fair market value - Wikipedia

   en.wikipedia.org/wiki/Fair_market_value

   The fair market value of property is the price at which it would change hands between a willing and informed buyer and seller. The term is used throughout the Internal Revenue Code, as well as in bankruptcy laws, in many state laws, and by several regulatory bodies.

6. 20 Key Signs That Your House Is Losing Value - AOL

   www.aol.com/finance/20-key-signs-house-losing...

   Home values in the U.S. increased by about $2 trillion in 2023, reaching a whopping total value of $47.5 trillion. For home sellers, that’s good news. However, you shouldn’t assume that the ...

7. What is a clear title? How to check if a property has one - AOL

   www.aol.com/finance/clear-title-check-property...

   How to check if a property has one. Peter G. Miller. February 28, 2024 at 12:20 PM. ... which protects the lender and covers up to the value of the mortgage if a defect is found.