appraisal value
51Computer-assisted mass appraisal — Computer assisted mass appraisal, or CAMA for short, is a generic term for any software package used by government agencies to help establish real estate appraisals for property tax calculations. Contents 1 Origins 2 Use of acronym 3 First… …
52Liquidation value — is the likely price of an asset when it is allowed insufficient time to sell on the open market, thereby reducing its exposure to potential buyers. Liquidation value is typically lower than fair market value. Unlike cash or securities, certain… …
53Domain appraisal — A domain name appraisal is an estimate about the potential sales price of a particular Internet domain name. A domain name appraisal is highly speculative. It is an estimate and an opinion, and can considerably vary depending upon the considered… …
54Qualified Appraisal — An appraisal document that is created, signed and dated by a qualified appraiser and meets the requirements set forth by the Internal Revenue Service (IRS). A qualified appraisal is made no sooner than 60 days before a piece of property is… …
55complete appraisal — A term used in the Uniform Standards of Professional Appraisal Practice ( USPAP) requirements for real estate appraisals. Synonymous with an appraisal as defined by the Federal appraisal regulations for real estate pledged to secure loans. A… …
56Appraised Value — An evaluation of a property s value based on a given point in time that is performed by a professional appraiser during the mortgage origination process. The appraiser is usually chosen by the lender, but the appraisal is paid for by the borrower …
57Member of the Appraisal Institute — MAI is a professional designation for real estate appraisers who are experienced in the valuation and evaluation of commercial, industrial, residential, and other types of properties, and who advise clients on real estate investment decisions.… …
58Labor theory of value — The labor theories of value (LTV) are theories in economics according to which the values of commodities are related to the labor needed to produce them.There are many different accounts of labor value, with the common element that the value of… …
59Uniform Residential Appraisal Report — A Uniform Residential Appraisal Report or URAR is one of the most common forms used in real estate appraisal which was created to allow for standard reporting and analysis of single family dwellings or single family dwellings with an accessory… …
60Assessed Value — The dollar value assigned to a property for purposes of measuring applicable taxes. Assessed valuation is used to determine the value of a residence for tax purposes and takes comparable home sales and inspections into consideration. It is the… …
