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  2. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    Real estate appraisal, property valuation or land valuation is the process of developing an opinion of value for real property (usually market value).Real estate transactions often require appraisals because they occur infrequently and every property is unique (especially their condition, a key factor in valuation), unlike corporate stocks, which are traded daily and are identical (thus a ...

  3. Land value tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Land_value_tax_in_the...

    Land value taxation (i.e. property tax applied only to the unimproved value of land) has a long history in the United States dating back from Physiocrat influence on Thomas Jefferson and Benjamin Franklin. It is most famously associated with Henry George and his book Progress and Poverty (1879), which argued that because the supply of land is ...

  4. Highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...

  5. What is a broker price opinion (BPO)? - AOL

    www.aol.com/finance/broker-price-opinion-bpo...

    A BPO in real estate stands for “broker price opinion,” which is an estimate of a property’s value conducted by a real estate broker, agent or qualified realty firm. Lenders commonly request ...

  6. How to read and compare mortgage loan estimates - AOL

    www.aol.com/finance/read-compare-mortgage-loan...

    A mortgage loan estimate is a standard three-page document detailing the estimated costs, structure and other terms of the loan. Mortgage lenders are required by law to provide borrowers with a ...

  7. Revaluation of fixed assets - Wikipedia

    en.wikipedia.org/wiki/Revaluation_of_fixed_assets

    Revaluation of fixed assets. In finance, a revaluation of fixed assets is an action that may be required to accurately describe the true value of the capital goods a business owns. [1] This should be distinguished from planned depreciation, where the recorded decline in the value of an asset is tied to its age.

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