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Purchasing & Developing Land - Part 5 - Reselling It - Raw or Developed

Eppraisal

Owning raw land has real potential along with its share of pitfalls. Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition.

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Appraisal Value Vs. Sale Price

Appraisal Today

Value is defined in the Uniform Standards of Professional Appraisal Practice (USPAP) as: “The monetary relationship between properties and those who buy, sell, or use those properties, expressed as an opinion of the worth of a property at a given time. Unlike value, price is not an opinion. What is Sale Price?

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Types of Appraisal Values

Appraisal Today

Market Value and Appraised Value: Exploring Various Appraisal Values By Jo Traut Excerpts: You’ve probably been asked about the difference between “market value and appraised value” by clients seeking a mortgage. We don’t provide an appraised value of a property. percent from 6.22

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What is a 1031 Exchange? A Beginner’s Guide

Property Metrics

1031 ), which defines the conditions for tax deferral on the sale of real estate. In other words, taxes can be deferred on the profitable sale of a commercial property as long as the proceeds are “exchanged” into a new property of “like kind” that is held for investment purposes.

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What Do Appraisers Look For in a Sales Contract?

Appraisal Today

retail residential mortgage applications, and has been conducted weekly since 1990. Base period and value for all indexes is March 16, 1990=100. To read many practical tips, click here My comments: Worth reading. The average contract interest rate for 5/1 ARMs increased to 5.62 percent from 5.58 percent, with points increasing to 0.91

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Reconsideration of Value and Appraisers

Appraisal Today

The appraiser must now reconcile these three values into one final opinion of value. b) reconcile the applicability and relevance of the approaches, methods and techniques used to arrive at the value conclusion(s). So they are paying investment value, not market value. But not one at a time. percent from 4.78