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Keswick, Sutton and Georgina Information:
About Keswick, Sutton and Georgina - Moving to Keswick, Sutton and Georgina, Ontario? Get info here... Fishing Lake Simcoe - Get info here... Arts and Entertainment - Get info here... Sports and Recreation - Get info here... Beaches and Parks - Get info here... History of the Area - Get info here... Relocating? - Free real estate information & relocation package if you're relocating to Keswick, Sutton and Georgina, in ON. Go to Main Sitemap - Main sitemap sections include Find Keswick, Sutton and Georgina Homes, For Home Buyers, For Home Sellers, Keswick, Sutton and Georgina Information, Real Estate Resources, and About Team Peroff.
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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 three things are necessary in order to purchase a home?
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Some cash, a dependable income and good credit. If you fall short, don't despair--homeownership may still be possible. |
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Steve Peroff - Sales Representative
Keller Williams Realty Centres
21 Metro Rd. S.
Keswick L4P 1V7
Direct line: 905-476-3131
Toll Free: 1-877-895-5972
Direct Fax: 905-476-7242
Email: steve2@realestatekeswick.com
Steve is a full-time Real Estate professional and a full-time resident of Keswick. Born and raised in Toronto, he was educated at Ryerson Polytechnical Institute in Business Administration and for many years in the school of "hard knocks" in Toronto's theatre community. As a Theatre Administrator, Steve had the fortunate opportunity of working with many high profile companies, entertainers and related service industries. It is through these experiences that Steve has created a successful real estate business. He credits a strong organizational background, marketing and advertising acumen and strong interpersonal skills with helping him attain the stature of Georgina's #1 Sales Representative (Toronto Real Estate Board 2009 MLS statistics).   
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