Real Estate in Watertown Wisconsin Jefferson and Dodge County with Terry Bear

Jefferson and Dodge County full time residential real estate agent focused in residential single family,condos, vacant land & investment properties. Serving the surrounding areas of Jefferson and Dodge Counties, including Watertown Ixonia, Johnson Creek, Jefferson, Fort Atkinson, Concord, Lake Mills, Oconomowoc, Juneau, Hustisford, Beaver Dam. On-line markets, MLS search access, buyer agency, Home Warranty, all with outstanding service!

Wednesday, February 16, 2011

ASSESSED VALUE versus APPRAISED VALUE - Do you know the difference?

All to often there is misunderstanding between the difference...

ASSESSED value is the dollar value assigned to property for purposes of assessing taxes.

APPRAISED value is the unbiased value of the property after a qualified person who is generally employed by an appraisal company, real estate company, lending institute or a bank, has completed an inspection on the property.

Courtesy of Terry Bear

THE BEAR TEAM of Performance Realty

Surf the MLS for properties at: http://www.performancerealtycompany.com/

If you or anyone you know is looking to buy or sell.... I'd love the REFERRAL!!

"HELPING YOU MOVE IN THE RIGHT DIRECTION"