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What is the difference between market value and appraised value?

The appraised value of a Kalamazoo & Portage Michigan house is a certified appraiser's opinion of the worth of a home at a given point in time. Lenders require appraisals as part of the loan application process; fees range from $200 to $300.
Market value is what price the house will bring at a given point in time. 
 

Contact Information

Joel Nelson
Keller Williams Realty Kalamazoo
8075 Creekside Drive
Portage, Michigan, 49024
Office: 269-492-7582
Cell: 269 760-1558
Fax: 888-234-7221
Email Us
HomesofSWMichigan.com
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Item Title Author
Selling Your Kalamazoo Area Home - The Advantages of Internet Based Marketing Joel Nelson
Choosing a Kalamazoo Area Real Estate Agent Joel Nelson
Selling Your Kalamazoo Area Home - Price is Key From Day One Joel Nelson
Home Staging - Creating a Great First Impression for Your Kalamazoo Area Home Joel Nelson
Selling your Kalamazoo, MI Home - Making a Good First Impression Joel Nelson
Selling Your Kalamazoo Area Home - Tips to ensure a smooth move Joel Nelson
Technocrati Profile Link Joel Nelson
Once Your Kalamazoo Area Home is SOLD......It's Time to Move! Joel Nelson
Buy First, Then Sell? Sell First, Then Buy? - Which is better for the Kalamazoo home seller Joel Nelson
Consider This Before Remodeling Your Kalamazoo Area Home - Home Seller Tips Joel Nelson
Home Equity - Protecting your investment in your Kalamazoo area home Joel Nelson
Selling your Kalamazoo, MI home in a buyers market Joel Nelson
Getting your Kalamazoo, MI ready to sell Joel Nelson
Deducting Property taxes Joel Nelson
property taxes - how they work Joel Nelson
Are seller-paid points deductible? Joel Nelson
tips for negotiation Joel Nelson
what's seller financing? Joel Nelson
two most important factors when selling a home Joel Nelson
list vs. sales prices Joel Nelson
How does someone sell a slow mover? Joel Nelson
How is the price set? Joel Nelson
low offers info Joel Nelson
how to get financing for foreclosures Joel Nelson
closing costs - who pays? Joel Nelson
Why do I need a title report? Joel Nelson
What contingencies should be put in an offer? Joel Nelson
standard contingencies Joel Nelson
whose obligation is it to disclose info about property? Joel Nelson
sellers disclosing terms of other offers Joel Nelson
when does foreclosure begin? Joel Nelson
selling a home for less than its mortgage Joel Nelson
info. on filing consumer complaints Joel Nelson
info. on closing costs Joel Nelson
determing a homes value Joel Nelson
market value vs. appraised value Joel Nelson
How many people sell their homes themselves? Joel Nelson
what to tell my real estate agent Joel Nelson
using an agent for a new home Joel Nelson
buyer agents info Joel Nelson
buyer's agents Joel Nelson
are commissions negotiable? Joel Nelson
Area House Values Joel Nelson
How do I find a real estate agent? Joel Nelson
How do you determine the value of a troubled property? Joel Nelson
selling your house Joel Nelson
Home's Value Joel Nelson
 
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