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A real estate valuation theory which states that a property of lesser value is enhanced through proximity with higher value properties. The principle may be evident during the appraisal process whereby two or more buildings with similar amenities are compared; the less marketable property may be valued slightly higher due to its location.
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In real estate what is the principle of progression?
According to the Appraisal Institute's Dictionary of Real Estate Appraisal (5th edition), progression in appraisal is the "concept that the value of an inferior property is enhanced by its association with better properties of the same type." An example would be a smaller home is a neighborhood of larger homes.
What does BOE mean in real estate?
boe
What does real estate taxes mean?
The term "real estate taxes" means the taxes on the property that you own. Your real estate is the property itself. This tax is generally payed annually to your county.
What is the meaning of escrow in real estate?
I believe you mean 'escrow'.
What does etvir mean in real estate?
What does etvir mean on a deed on real estate
In real estate what is the principle of progression?
According to the Appraisal Institute's Dictionary of Real Estate Appraisal (5th edition), progression in appraisal is the "concept that the value of an inferior property is enhanced by its association with better properties of the same type." An example would be a smaller home is a neighborhood of larger homes.
What does BOE mean in real estate?
boe
What does NOI mean in real estate?
by the space
What does pending in real estate mean?
What does option pending mean?
What does real estate lease type RSF mean?
In real estate, RSF means rentable square feet.
What does real estate taxes mean?
The term "real estate taxes" means the taxes on the property that you own. Your real estate is the property itself. This tax is generally payed annually to your county.
In real estate what does LOB mean?
It could mean, "Line of Business".
What does ERA mean to a real estate broker?
Its the name of a real estate company. ERA. Not sure what that actually stands for though. sorry.
What does 'near freeway' mean in real estate?
That means that the real estate is located near the freeway. Freeway is synonymous with highway or expressway.
When a condo is off the market in real estate language what does this mean?
In real estate language this means that there is no active listing for the condominium, advertising it for sale.
Real estate---- What does the abbreviation 'pchg' mean?
Price change
What does props mean in real estate?
'props' is short for 'properties'.
