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Real Estate Glossary
Welcome to our online Real Estate glossary. To search for a term,
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Market Value:
The highest price in terms of money which a property will bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus.
As defined by National Auctioneers Association
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See Also:
» Appraisal fee
» Appraised value
» Bargain sale
» Low-ball offer
» Market value
» Property tax
The definition for Market Value and
this glossary as a whole are presented to you as a courtesy of ForeclosuresMass.
For other terms, explinations, definitions and descriptions, please
visit our Glossary page.
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