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There is a lot of talk lately about "Fair Market Value" because of the county wide reassessment. Fair Market Value is the most probable price real estate should bring in a sale occurring under normal market conditions in an "Arms Length" transaction. Many people are shocked at what the new assessment has considered fair market value. An appraisal of your property is one way to determine the market value, and it is the best way to challenge your new assessment.

I welcome any questions, or comments, on any of the subjects that are shown on this blog.