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Knowledge of after-repair value. Negotiating skills. Resources or know-how of common issues for certain models and how to fix them. The ability to market and resale used vehicles.
It works because mortgage lenders use the after-repair value (ARV) when calculating your maximum loan amount. Imagine you buy a property for $100,000 and put $50,000 of repairs into it, driving ...
Conservative loan-to-value (LTV) ratios: You’ll need significant assets to qualify for a hard money loan. Hard money lenders typically require a loan-to-value (LTV) ratio of about 50 to 70 percent.
After-repair value, estimated of the value of a real estate property after repair for flipping ARV, IATA code for Lakeland Airport in Minocqua and Woodruff, Wisconsin Al Rojo Vivo (Telemundo) , a Spanish-language afternoon news magazine program on Telemundo
The company provides franchisees with a proprietary software system, ValueChek, to evaluate single-family homes for repair costs and after-repair market value of a property. [ 17 ] [ 18 ] The firm, in conjunction with Local Market Monitor, maintained a set of "Best Markets to Invest in Rental Property" rankings, to forecast expected performance ...
(1) Inherent diminished value (2) Repair-related diminished value Inherent Diminished Value assumes proper repair has been completed and is defined as the amount by which the market value of the repaired vehicle is less than the market value of the same vehicle before the accident. Almost every vehicle that experiences an accident suffers a ...
For example, assume that an aircraft is damaged in an accident, such as a gear-up accident. The value in the before condition assumes that the aircraft is not about to be damaged. Normally, the impact on value of the damage is measured as the cost to repair, but after a repair the result is an aircraft with a substantial damage history.
This building will be a "total loss" if its insurer determines that the cost of repairing it exceeds that of its insured value. Even though only partially sunk in shallow water, in 2012 the relatively new cruise liner Costa Concordia was declared a "constructive total loss" due to escalating environmental and salvage clean-up costs.