Direct Sales Comparison

3 important questions on Direct Sales Comparison

In which order should the comparables be adjusted

(1) Property rights conveyed, (2) Financing, (3) Conditions of sale, (4) Date of sale, (5) All remaining locational, physical and functional characteristics

What is the Cash Equivalency Model

Compensation for the financing form of an object. When using this the value of the financing adjustment is measured as the present value of the difference between the mortgage payment on the favorable finance note and the mortgage payment at an institutional interest rate

What is the main difference between valuing Income properties & Houses?

Income properties are infrequently sold, which makes it more difficult to find relevant comparables.

The question on the page originate from the summary of the following study material:

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