Real estate has always been known as the safest of investments. In fact, real estate investment completed after proper research into and evaluation of the property (to determine actual and future value), can lead to tremendous profit. This is one reason many people choose real estate investment as their full time job. Discussions about real estate tend to focus on residential real estate; commercial real estate, except to seasoned investors, typically seems to take a back seat. However,
According to Wikipedia , International Valuation Standards define market value as “the estimated amount for which a property should exchange on the date of valuation between a willing buyer and a willing seller in an arm’s-length transaction after proper marketing wherein the parties had each acted knowledgeably, prudently, and without compulsion.” In other words, a buyer and a seller who have no compelling reason or special circumstances to buy and sell, respectively, agree on this price. Mark
Real estate has always been known as the safest of investments. In fact, real estate investment completed after proper research into and evaluation of the property (to determine actual and future value), can lead to tremendous profit. Refer to property developments for further information. This is one reason many people choose real estate investment as their full time job. Discussions about real estate tend to focus on residential real estate; commercial real estate, except to seasoned i
Monday, September 7, 2009
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