Tag: Home Value

Posted on 12/23/2024

Key Variables Affecting the Value of Your Home

The difference between home price and home value causes confusion for many buyers and sellers. Both price and value are a combination of many variables that are constantly changing. Understanding what can affect home value will help you understand and navigate the market. Here are the key factors that go into determining a home’s value: Comps “Comp” is...

Home Value

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Posted on 10/17/2022

Financial real estate terms buyers should know

The more real estate terms you understand, the more comfortable you will be in your home buying process. This is especially true for financial vocabulary related to real estate transactions. To help familiarize you with some of these important concepts, here is a quick guide to financial real estate terms: Fixed rate mortgage A fixed rate mortgage is...

Down Payment

Fair Market Value

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