
What is an Appraisal – and how is it used in a mortgage?
An appraisal is simply an ‘official’ assessment of a property value.
Category: Commercial
An appraisal is simply an ‘official’ assessment of a property value.
In short, a CAP rate on a commercial property is simply a way for investors, lenders, and other real estate professionals to quickly see the strength of the subject property and the likely one year
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