John R. Wood Properties
Lenore Vitale, John R. Wood PropertiesPhone: (239) 370-7030
Email: [email protected]

Tag: Home Value

Posted on 12/05/2022
Ad valorem tax & other important tax 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...
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Posted on 01/19/2020
What's The Difference Between Assessed Value And Market Value?
Two terms that you may have heard when talking about real estate is fair market value and assessed value. These two terms are not the same or even interchangeable terms. The assessed value of a home can often be higher than the price the house is being sold. These properties can often be seen as a “bargain” in the...
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