Mississauga and Oakville real estate and homes for sale in Ontario - James McCloskey and Peter With, REALTORS® James McCloskey and Peter With REALTORS(r) for Mississauga and Oakville, Ontario real estate - NUMBER1EXPERT™ James McCloskey and Peter With NUMBER1EXPERT(tm) for Mississauga and Oakville, Ontario real estate
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James McCloskey and Peter With, REALTORS®, real estate agent and broker for Mississauga and Oakville Ontario 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 is a VA home loan?

A 
The Office of Veterans Affairs guarantees small or no-down payment mortgage loans made by lenders to U.S. veterans.
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James McCloskey and Peter With, REALTORS®, real estate agent and broker for Mississauga and Oakville Ontario home listings, property and land for sale - NUMBER1EXPERT(tm)

James McCloskey and Peter With
RE/MAX Realty Enterprises Inc.
1697 Lakeshore Rd West
Mississauga, Ontario L5J 1J4
Canada
Office: 905-855-2200
Home Office: 905-849-0027
Fax: 905-849-0595
Email: peter@peterwith.com

Peter With has over 20 years residential real estate experience and is an expert in Mississauga & Oakville. He has lived and worked in the area for many years, and he knows it intimately. He is in the top 1% in RE/MAX internationally and holds the RE/MAX "Hall of Fame" award. As a husband and father of two, Peter understands that most of us would rather spend time with our family than hours trying to buy or sell a home. This is why his love and knowledge of the community benefits his real estate clients. He is able to locate the perfect home for buyers and get the best price for sellers in very little time. If you are looking for the Realtor who knows the Mississauga & Oakville market, call Peter With for experience and success in helping you buy or sell your home.

CRS MLS REALTOR



RE/MAX Realty Enterprises Inc. real estate and homes for sale in Mississauga and Oakville Ontario
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