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Our Mission... empower you with the best info & resources for one of the most critical decisions you'll make in your life... buying or selling a home!
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Sign Up For Our eNewsletter, FREE! There are always important changes happening in the Oklahoma real estate market and nationally. These changes can affect YOU. Find Out More > View All Offers >
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"Thank you for being extremely professional" "Thank you for being extremely professionaly in selling our rent house in record time" Judi & George Reynolds-Edmond, Oklahoma Read Quote > View All Quotes >
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The Allen Group are some of The
Top Selling Real Estate Experts Find Out More > |
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Read What People Are Saying About Us Feedback is so important! As a matter of fact, we have hired an independent agency to follow up every transaction we have one month after closing to see how we did. Through the Quality Service Certification (QSC) Program, we can continually improve our services. To find out more, visit www.qualityservice.org/whyqsc.asp. We've helped over 100 happy customers buy and sell homes in the Oklahoma City Metro from Norman to Guthrie in the last 3 years and currently average a closing every 6 days. Here are a few highlights of what people are saying about us...
"Chris goes the extra mile"
"Chris is very knowledgeable about the Historic Neighborhoods in Oklahoma City"
Travis Weber - Oklahoma City, Oklahoma
"The best experience we have ever had"
"Working with Chris Allen was the best experience we have ever had with a realtor, and this was our ninth home purchase."
Robert and Jeanne Short - Oklahoma City, Oklahoma
You guys did a phenomenal job!
I would have never guessed that in a little over a month Kristen and I would have sold our house and be moved into a house that we love.
Jerid, Kristen, and Layne Patterson
You have a story to tell about us. You've worked with us, and we've helped you buy or sell a home. We need your feedback. Others need your feedback, too! Please take a moment to fill out this form and tell us how we did... 
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.
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What does the term ARM stand for?
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An ARM is an Adjustable Rate Mortgage, a loan where the interest rate is tied to an economic index that fluctuates with the market. |
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