Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You! It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request my free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced. The Status Report that you'll receive by email will also include other important information that has been left out or that is available to me through my professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more. Remember: As a top Bullhead City, Fort Mohave and Mohave Valley area real estate agent, it's my job to know more about a property than any web site. Make sure you have the most current information! 
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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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| Q |
What home product makes lawn mowing easier than ever?
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| A |
The Robomow, a robot lawn mower manufactured in the UK by Friendly Machines, can cut 6,000 square yards of lawn all by itself. |
 See More Real Estate Trivia > |
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Michael Hixon
Country Ranch GMAC Real Estate
1858 Highway 95
Bullhead City
AZ 86442
Main: (928)754-HOME (4663)
Fax: 928-758-8808
Email: michael@mydesertfoothills.com
All Within 10 minutes of my front door! You can be playing golf on the new beautiful Laughlin Ranch golf course. Launching your boat, waterskiing, jet skiing or fishing on the beautiful Colorado River. Enjoying your favorite game or live entertainment in one of Laughlin Nevada's riverfront casinos. You can enjoy your off road vehicles or toys in the desert foothills, or just relax sitting in your yard and enjoying the beautiful sunsets, casino, river and mountain views. Welcome Home! Come and be my neighbor. Call me today. 928-279-2877   
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