
October 27, 2009 | Posted by admin
Income properties are bought for the income. Income, then, is what is used to determine value. The rate of return investors in a given area expect gives you the capitalization rate, or “cap rate” for the area. This is what you use to accurately appraise an income property. Below is a somewhat simplified explanation.
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Categories: Introduction |
Tags: Appraiser |
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September 19, 2009 | Posted by admin
Real estate property appraisers are responsible for assessing not only residential property, but also commercial and agricultural holdings. Some people hire or take assistance from a personal property appraiser to evaluate the value of their vehicles, art, jewelry, antique furniture and collections. The services of business appraisers are utilized in order to assess and [...]
Categories: Introduction |
Tags: Appraiser |
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