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Fee simple value (known in the UK as freehold) – The most complete ownership in real estate, subject in common law countries to the powers reserved to the state (taxation, escheat, eminent domain, and police power) Leased fee value – This is simply the fee simple interest encumbered by a lease. If the lease is at market rent, then the ...
If you recently purchased a home or are in the market to buy a house, you may also use the appraisal to help estimate the dwelling value. While this information can help give you a baseline of how ...
A house price index (HPI) measures the price changes of residential housing as a percentage change from some specific start date (which has an HPI of 100). Methodologies commonly used to calculate an HPI are hedonic regression (HR), simple moving average (SMA), and repeat-sales regression (RSR).
This will keep you informed of the property’s value so that you can set realistic expectations for the transaction. You can also use an online home value estimator tool to get a basic estimate ...
A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser.A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO.
The values of homes neighboring a foreclosed property have been proven to drop 1% on average for every 7% drop in the value of the foreclosed home, reported Veterans United Home Loans. Proximity ...
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