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For Home Buyers:
Why Buyers Choose Tricia and Richard La Motte - Why homebuyers looking for a real estate agent in the Santa Clarita, Valencia and Stevenson Ranch area choose Tricia and Richard La Motte. Latest Listings - Get Tricia and Richard La Motte's latest Santa Clarita, Valencia and Stevenson Ranch listings of homes for sale first! Find Your Perfect Home - Tricia and Richard La Motte will search for your ideal home and email you the newest Santa Clarita, Valencia and Stevenson Ranch MLS listings of properties in Los Angeles County CA. First Time Homebuyers - Are you a first time homebuyer in Santa Clarita, Valencia and Stevenson Ranch, CA? Choose a top real estate agent. Tricia and Richard La Motte can guide your home buying search. Mortgage Prequalification - Pre-qualify for a mortgage or loan for your Santa Clarita, Valencia and Stevenson Ranch house or other real estate or property. Go to Main Sitemap - Main sitemap sections include Find Santa Clarita, Valencia and Stevenson Ranch Homes, For Home Buyers, For Home Sellers, Santa Clarita, Valencia and Stevenson Ranch Information, Real Estate Resources, and About Tricia and Richard La Motte. 
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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 |
Where and when was the first motel introduced on the American commercial real estate scene?
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| A |
The first motel, appropriately named the "Motel Inn", opened in San Luis Obispo in 1925. |
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Tricia and Richard La Motte
Keller Williams VIP Properties
25124 Springfield Court, Suite 100
Valencia, CA 91355
661-259-6154
Fax: 661-310-2116
Tricia@scvhomepro.com
Tricia La Motte is a top agent in the Santa Clarita Valley, combining a fiduciary caring for her clients, with professionalism, skill, integrity, and a belief in building clients for life.
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