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08.01.2011., subota

Market Price vs Sales Price when Selling or Buying a Home

Market/Sales price Whether you are planning to buy or sell a property it is important to become familiar with the terminology of real estate. In real estate the three terms that are commonly used interchangeably are value, cost, and price. Although, all are concepts relating to value, they are not the same. Let’s begin by differentiating between the terms. Value deals with something that will happen in the future; whereas cost relates to past events, and the amount of money actually paid for .
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