Tag: Assessed Value

Posted on 09/19/2023

Understanding the difference between assessed value & fair market value

As you venture into the world of real estate, you may hear...

Fair Market Value

Assessed Value

Posted on 02/07/2023

How to find the ad valorem tax of your property

Latin for "according to value," the term "ad valorem" is...

Ad Valorem

Appraisal Value

+ 3 more

Posted on 11/15/2022

Finding the assessed value of your home

Knowing the assessed value of a particular property can be a huge help in buying, selling or refinancing. However, with multiple valuation methods and terms available, it can be difficult to distinguish one from the other. Luckily, there are some simple ways to find the assessed value of your home. Here are the basics: What is assessed value?...

Assessed Value

Tax

+ 1 more

Posted on 10/11/2022

Ad valorem tax, millage rates & more: Key terms to know

Ad valorem is a Latin term meaning "according to value." In tax language, ad valorem means a flexible value dependent on the specific asset. Ad valorem is just one of many important terms related to property taxes you should know. Here are a few more examples of important property tax terms: Assessed value Assessed value refers to the...

Ad Valorem

Assessed Value

+ 6 more