Get Free Livingston, Short Hills and Millburn School Reports From a Local Expert, Quickly by Email Everyone offers free school reports. Us too! Plus we offer more. As top Livingston, Short Hills and Millburn real estate agents, we can tell you things about the schools that no report generated by a computer will ever know. Remember, we consult with people moving to the Livingston, Short Hills and Millburn, New Jersey area on a daily basis. It's our job to know, and our job to tell you. Call us for a first-hand experience of the local schools. Or fill out this form to send us a message right now. It's free and without obligation. We'll get back to you immediately with a phone call, a free report, or a brochure from a local school... What ages are your children? We'll tell you what your choices are for schools in Livingston, Short Hills and Millburn. It's our job to help! There's no obligation, and we promise to get back to you quickly... 
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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Where and when was the first motel introduced on the American commercial real estate scene?
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The first motel, appropriately named the "Motel Inn", opened in San Luis Obispo in 1925. |
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The Jamie Silverman and Kim Panes Team
Weichert Realtors
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Short Hills NJ 07078
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With many years of experience in residential real estate, Jamie and Kim are Top Producer Realtors with Weichert Realtors. They specialize in Essex, Union and Morris counties of NJ. Contact us with all your real estate needs.   
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