Search results
Results from the WOW.Com Content Network
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. A BPO can be either an exterior drive-by or a full interior report.
To calculate the cost basis for real estate, first add up these costs: The original purchase price of the property. Closing costs. Major home improvements. Costs to repair damage to the home and ...
The sales comparison approach (SCA) is a real estate appraisal valuation method that relies on the assumption that a matrix of attributes or significant features of a property drive its value. For examples, in the case of a single family residence, such attributes might be floor area, views, location, number of bathrooms, lot size, age of the ...
Cost approach is a real estate appraisal valuation method used to price an individual property. [1] It is one of three methods, the others being market approach, or sales comparison approach , and income approach .
Yachts can be shipped as deck cargo. Yachts are loaded directly from the water or from shore. Yachts are loaded by ship or by shore cranes in cradles either supplied by the carrier or the owner. For conventional deck cargo shipping, the rigging is left intact. Deck cargo shipping is normally arranged directly with the shipping lines or with ...
Comparables (or comps) is a real estate appraisal term referring to properties with characteristics that are similar to a subject property whose value is being sought. This can be accomplished either by a real estate agent who attempts to establish the value of a potential client's home or property through market analysis or, by a licensed or certified appraiser or surveyor using more defined ...
In Asia Wednesday China's Shanghai Composite Index slid 0.7% to 3,049. In both Japan and Hong Kong, major indexes remained virtually unchanged with the Nikkei 225 Index closing at 10,564 and the ...
One of the most recognized professional organizations of real estate appraisers in America is the Appraisal Institute (AI). It was formed from the merger of the American Institute of Real Estate Appraisers and the Society of Real Estate Appraisers. Founded along with others in the 1930s, the two organizations merged in the 1990s to form the AI.