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Market value is usually interchangeable with open market value or fair value. International Valuation Standards (IVS) define: Market value – the estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arm's length transaction, after proper marketing and where ...
During a home insurance inspection, inspectors generally use the 4-point inspection method to evaluate key areas of the home. This 4-point home inspection focuses on the following: Roof
AVMs analyze local sales data, property records and market trends to estimate the value of your home — similar to online value estimators like Zillow and Redfin, but with more detailed data.
A mobile home marketed as a holiday home. Mobile Homes or Static Caravans are popular across the United Kingdom. They are more commonly referred to as Park Homes or Leisure Lodges, depending on if they are marketed as a residential dwelling or as a second holiday home residence. Residential Mobile homes (park homes) are built to the BS3632 ...
The tendency of these homes to rapidly depreciate in resale value made using them as collateral for loans far riskier than traditional home loans. Loan terms were usually limited to less than the 30-year term typical of the general home-loan market, and interest rates were considerably higher. In other words, these home loans resembled motor ...
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