(Download) "Seller Disclosure and Buyer Knowledge: How They Affect Market Value." by Appraisal Journal " Book PDF Kindle ePub Free
eBook details
- Title: Seller Disclosure and Buyer Knowledge: How They Affect Market Value.
- Author : Appraisal Journal
- Release Date : January 22, 2007
- Genre: Business & Personal Finance,Books,
- Pages : * pages
- Size : 247 KB
Description
ABSTRACT Confirmation of sales data is critical to any appraisal but takes on additional importance when the purpose of the assignment is to measure the effects of a property condition such as contamination. Often, buyers of both commercial and residential properties have no knowledge or very limited knowledge of a property condition that may greatly affect market value, thus tainting those sales for appraisal purposes. This article discusses what constitutes a well-in-formed buyer, suggests questions to ask of market participants, and provides examples of how the extent of disclosure affects the market.
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