West St. Louis County, Town & Country and Manchester real estate and homes for sale in Missouri - Kathy Roush, REALTOR® Kathy Roush REALTOR(r) for West St. Louis County, Town & Country and Manchester, Missouri real estate - NUMBER1EXPERT™ Kathy Roush NUMBER1EXPERT(tm) for West St. Louis County, Town & Country and Manchester, Missouri real estate
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Kathy Roush, REALTORŪ, real estate agent and broker for West St. Louis County, Town & Country and Manchester Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)
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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 famous antebellum mansion was known as the "Queen of Tennessee Plantations"?

A 
Belle Meade Plantation was a prosperous 5,400-acre thoroughbred horse farm in the mid 1800's. The Civil War Battle of Nashville was fought in its front yard.
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Kathy Roush, REALTORŪ, real estate agent and broker for West St. Louis County, Town & Country and Manchester Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

The Kathy Roush Team
Coldwell Banker Gundaker

14830 Clayton Road
Chesterfield, MO. 63017
314-614-4444
636-227-0076
Fax: 636-227-5142
Email: skaroush@cbgundaker.com

Kathy Roush is a special kind of realtor. She puts her clients first. Through outstanding service and attention to details she has successfully assisted her clients buy and sell homes since 1997. By serving the clients' needs Kathy has grown her business each year. Kathy has many industry awards to her credit, but she is more proud of the outstanding relationships she maintains with clients and other agents. So if experience, updated marketing techniques, professionalism and good old fashion superior service are important to you, call Kathy today.

Equal Housing MLS REALTOR SRES


Coldwell Banker Gundaker real estate and homes for sale in West St. Louis County, Town & Country and Manchester Missouri

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