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All agents are NOT alike! Find out why I am a top real estate expert. Call me:toll free 888-833-3860 or cell 520-400-0957. e mail joe@joemachado.com
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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.
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About Joe Machado:
About Joe Machado - Information about Joe Machado of Tucson, Vail, Sahuarita and Dove Mountain, Arizona? Testimonials - Read what Joe Machado's clients are saying about the real estate marketing and services provided. Quick Response Guarantee - A quick response to your email request for more Arizona home buying & property selling information is guaranteed by Joe Machado. Privacy Guarantee - This Tucson, Vail, Sahuarita and Dove Mountain real estate web site will respect your privacy, guaranteed by Joe Machado. No Obligation Guarantee - Joe Machado's real estate help by email is free & without obligation for Tucson, Vail, Sahuarita and Dove Mountain home owners in Arizona. For Real Estate Agents - Let Joe Machado help you with your professional real estate broker and agent needs in the Tucson, Vail, Sahuarita and Dove Mountain area. About NUMBER1EXPERTS™ - NUMBER1EXPERTS™ are top real estate professionals, find out more. Contact Information - How to contact Joe Machado. Go to Main Sitemap - Main sitemap sections include Find Tucson, Vail, Sahuarita and Dove Mountain Homes, For Home Buyers, For Home Sellers, Tucson, Vail, Sahuarita and Dove Mountain Information, Real Estate Resources, and About Joe Machado. 
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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 area was designed to look like a 1940s southeastern town with traditional architecture?
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Disney's "Celebration" in Orlando, FL, will eventually have 8,000 houses and many commercial tourist attractions. |
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