The change allows the use of two methodologies, including appraised value
6 million), as well as other real estate owned ("OREO") properties with an appraised value
In 2007, using a comparable sales approach, a Notice of Value showed an appraised value
of $721,000 for the property and a quality rating of "Good.
As of April, 2005, the Appraised Value
of the real estate was $1,850,000, so the Owner is selling his property for $360,000 BELOW Appraised Value
The servicer of the $225 million loan on the sprawling, rent-stabilized Harlem apartment complex reduced the appraised value
of the loan to $196 million, $29 million less than the first mortgage, Trepp said.
The financing was provided through a commercial bank at an 80 percent loan-to-cost ratio, which included the appraised value
of the land.
In the first situation, the RSC contracts with the employee to pay the appraised value
of the residence.
Pringle said if the appraised value
rises before a sale is complete, the city would recoup a portion of the increase.
I would suggest using your savings to enhance the appraised value
of your current rental property.
ONE POINT TO CONSIDER is whether you should choose coverage for replacement value or appraised value
of your possessions.
The appraised value
of the homes involved in the deal is over $14 million.
Frazier, however, argued that the amount bid should not be used as the sale price, but rather the appraised value
of the property.