Appraisals Under Fire--Again (Abstract)
Appraisal Journal 2011, Wntr, 79, 1
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Publisher Description
Abstract During the 1991 recession, the Urban Land Institute (ULI) released a special news report on the real estate credit crunch that included some issues of interest to appraisers. In this article, the ULI's conclusions regarding forced sales and discounted prices, abnormal market conditions, and real long-term value are examined and critiqued. The definition of market value and appraisers' responsibility to derive an objective opinion of market value based on market evidence are also discussed.
GENRE
Business & Personal Finance
RELEASED
2011
January 1
LANGUAGE
EN
English
LENGTH
13
Pages
PUBLISHER
The Appraisal Institute
SELLER
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
166.4
KB
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