|
|
|
 |
Loan and Mortgage Terms Glossary |
 |
|
 |
Market Value:
The highest price a property will bring in a competitive and open market. The price that an owner is prepared to accept to sell property and a buyer is willing to pay. See fair market value, fair value, net realizable value, and book value.
|
|
|
|
|
 |
|
| |