Lancaster, Lititz, and Manheim Township real estate and homes for sale in Pennsylvania - Greg Weaver, REALTOR® Greg Weaver REALTOR(r) for Lancaster, Lititz, and Manheim Township, Pennsylvania real estate - NUMBER1EXPERT™ Greg Weaver NUMBER1EXPERT(tm) for Lancaster, Lititz, and Manheim Township, Pennsylvania real estate

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Greg Weaver, REALTOR®, real estate agent and broker for Lancaster, Lititz, and Manheim Township Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 717.391.7000 Ext# 2 or call DIRECT 717.314.8275 or email me!!!



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From My Affiliates: Lancaster, Lititz, and Manheim Township Pennsylvania home buying, real estate listings, and homes for sale in Lancaster                      County, PA
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Real Estate Tips
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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Real Estate Trivia
Q 
What is the legal term used to describe the right of the U. S. government to condemn private land for public use?

A 
Right of Eminent Domain allows the government to confiscate private land by paying full market value for the property.
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Greg Weaver, REALTOR®, real estate agent and broker for Lancaster, Lititz, and Manheim Township Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

Greg Weaver
Advantage Realty, Inc.

627 North Duke Street
Lancaster
PA 17602
Office: 717 391-7000 ext #2
fastest response!: 717 314-8275 "DIRECT "
direct email "fastest": greg@gregweaver.com
home email: gregweaver@dejazzd.com
bussiness email: gregweaver@number1expert.com

Greg Weaver started in the Real Estate Business over 25 years ago and is owner of Advantage Realty,Inc. a REO/Foreclosure specialist. His expert negotiating skills, combined with his vast knowledge of Residential Real Estate, New Construction and Investment Properties has placed Greg in the top 5% percentile of Realtors in the United States of America. Greg sells a lot of homes to bikers. "The Bikers Choice". He serves his clients one on one. Greg aggressively works for you in the sale and negotiation of each home. His personal service for you brings results and powerful marketing strategies. Call or email Greg today!

ABR CRS Equal Housing GRI MLS REALTOR


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