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Appraisal & Investments

Created by Marty Baum
Across
The use of borrowed funds for an investment
The desire for possession of ownership
The increase in value to a property
This approach is used when you cannot compare the property to any other properties. This approach is used for appraising new construction and custom homes. This is called the ________ Approach
The value of a property will decrease if surrounded by properties of lessor value
The rate of return a property will produce on the owners investment is called the ________ Rate
An independent person who gives an unbiased opinion of value.
The rate at which the general level of prices for goods and services is rising, and subsequently the purchasing power is falling
A person's individual preference for a given geographical area based on the amenities the area has to offer. This is called ________ value
The ability to sell an asset and turn it into cash
The present worth of future benefits from property ownership
The most probable price that a property should bring in a competitive and open market under all conditions requisite to a fair sale. This is called ________ Value
Down
This approach is based on the present value of the rights to future income. When you have value to a property plus income coming in. This is called the _______ Approach
The assemblage of two properties where the value of them together is greater than when they stood apart
A loss in value due to any cause, any condition that adversely affects the value of an improvement
Money or something else of value to make up the difference in a 1031 exchange of properties
The taxable profit realized from the sale of a capital asset. This is called a _______ gain
The value is created by the expectation that certain events will occur
The value will be maximized if the property is in harmony with existing properties in the neighborhood
Properties will increase if they are surrounded by properties of greater value
A lack of supply of some type of real property, the supply of which cannot be readily increased
The estimated resale value of an asset at the end of its useful life. This is called _______ Value