fair market value: Fair Market Value. What is it and how do you determine the bottom line?
- 04/03/12 12:30 PM
Fair market value has the same meaning no matter where you live in this great country of ours. It is the price that a buyer is willing to pay an a seller is willing to accept without duress. Richard explains it beautifully here. “Fair Market Value” has a simple definition. It is the price that a buyer is willing to pay and a seller is willing to accept without duress. “Appraised Value,” “Loan value,” “Tax Value,” and especially “Internet Value” have nothing to do with fair market value, other than the effect that they might have on what a buyer is willing … (1 comments)
Fair market value has the same meaning no matter where you live in this great country of ours. It is the price that a buyer is willing to pay an a seller is willing to accept without duress. Richard explains it beautifully here. 
;)
;)
;)
