
Sign Up For My eNewsletter, FREE! There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU. Find Out More > View All Offers >
|
Compare three mortgages at one time.
Download TripleCalc now. It's free.
|
Jane Sullivan Horne is one of The
Top Selling Real Estate Experts Find Out More > |
|
|
 |
I Have Nineteen Years Of Experience Selling Homes Around The Lake! This area is beautiful, and the lake is very large. It’s important to have someone help you who really knows the lake and its values. There is a tremendous price range in homes around the lake. Even within certain neighborhoods or developments the values can be quite varied. Whether you are buying or selling, my knowledge about this is invaluable.
I know the market. With the lake being so spread out and having so much shoreline, you can spend tremendous time “just driving around”. People don’t want to waste a lot of time trying to find things they don’t want. I know what’s out there. I have the tools and the expertise to help make the most of the time you have to find just what you’re looking for.

I have an extensive client base. Over the years I’ve helped numerous families find their home at Smith Mountain Lake - whether it be a condo for a second home, a weekend getaway, a permanent home, a retirement home, or a lot to build on or hold onto for investment. I’ve listed/sold over $100 million.
At least 70% of my sales come from referrals. I have prospects that range in prices for different properties. Over the years I’ve accumulated a tremendous database of prospects that have been generated from specific ‘target marketing’. These people aren’t just interested in vacations homes etc. - they’re interested in property at Smith Mountain Lake. I’ll use the latest technology to make sure they know your property is available. 
 |
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.
|
 |
| Q |
What real estate board game became the best-selling game in America just one year after it was created?
|
| A |
Charles B. Darrow invented Monopoly in 1934, to cheer himself up while unemployed during the Great Depression. Monopoly is now the most popular board game in the world and has sold over 200 million copies. |
See More Real Estate Trivia > |
|
|
|
|