What is the Definition of Fair Market Value?

Answer Whether you are referring to real estate, stocks or any other products, everything must have a set price. In an open market, the set price is determined by what the consumer is willing to pay, and ... Read More »

Top Q&A For: What is the Definition of Fair Market Value

What is the difference betweeb assessed value and fair market value on property tax statements?

The assessed value of a home is used to levy property taxes. It is determined by averaging the data from neighborhood studies, sales transactions and inspections, according to the city of Milwaukee... Read More »

What is the difference between fair value and market value?

Fair value is the value of all assets and liabilities calculated to determine the true worth of a company. It is also called fair price if all assets were sold or liquidated. Market value is the pr... Read More »

What is fair market value in the stock market?

Fair market value in the stock market is the price that an interested buyer would be willing to spend and an interested seller would be willing to accept on the open market, according to InvestorWo... Read More »

What is fair market value in automobiles?

Fair market value in automobiles is the approximate price at which a consumer is willing to purchase an automobile from the seller when neither party is under pressure to either buy or sell and und... Read More »