Understanding Assessed vs. Market Value: What LGBTQ Homeowners Need to Know Before Selling or Refinancing
Buying a HomeWhen preparing to sell or refinance a home, it’s crucial for LGBTQ homeowners to fully understand the difference between assessed value and market value—two terms that may sound similar but can have very different implications for your financial future. At GayRealEstate.com, we’re dedicated to empowering the LGBTQ community with real estate insights that support informed, confident decisions. Here’s what you need to know. What Is Assessed Value? The assessed value is the dollar amount assigned to your property by a local government tax assessor. This figure is primarily used to […]