Market Terms
Below Market Value (BMV)
Property priced lower than comparable sales
Full Definition
Below Market Value properties are priced lower than similar properties in the area. BMV deals occur through motivated sellers, repossessions, auctions, or off-market opportunities. True BMV requires careful research of comparable sales. Caution: claimed BMV deals aren't always genuine - always verify with independent valuations.
Related Terms
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Analyse a PropertyMore Market Terms Terms
Comparable/Comps
Similar properties used to estimate market value
Auction Property
Property sold through public bidding process
Off-Market Property
Property for sale not publicly advertised
Property Sourcer
Person who finds investment properties for fees
Rent-to-Rent (R2R)
Renting property then subletting for profit
Rental Demand
Level of tenant interest in an area