Of
course high value properties will require smaller percentages.
Not exact matches
So why don't lenders offer a true reverse mortage which would compute and lend a stream of payments (at interest of
course, but hopefully a rate reflective of the low risk given the
high property value / loan ratio) rather than a useless lump sum which has seniors paying pretty
high mortgage interest rates on a large amount of loan, rather than a interest on the (rising) amount of loan as the stream of payments accumulated.
The B.C.S.C answered the question in the affirmative, holding the use of the
property as a golf
course could be considered in assessing the
value of the land to determine its
highest and best use.
The personal
property acquired over the
course of years is of
higher value than we tend to give credit for when we consider what we own.
LESSON 1: Appraisal Process and
Course Expectations LESSON 2: Critical Thought LESSON 3: Principles of Research LESSON 4: Market Research and Subject
Property Identification LESSON 5: Data Analysis and Tools LESSON 6: Report Writing - General LESSON 7: Title Searching: Land Titles Office and Registry Office Information LESSON 8: Regional and Area Analysis, and Neighbourhood Analysis LESSON 9: Site and Improvements Description, and Assessment and Taxes LESSON 10: Zoning / Land Use Controls and
Highest and Best Use LESSON 11: Cost Approach - Land
Value LESSON 12: Cost Approach - Cost Analysis LESSON 13: Cost Approach - Depreciation Analysis and Summary of the Cost Approach LESSON 14: Direct Comparison Approach LESSON 15: Income Approach - Income and Expense Analysis LESSON 16: Income Approach - Capitalization Process and Summary of the Income Approach LESSON 17: Reconciliation, Certification, and Introduction LESSON 18: Summary and Linkages LESSON 19: Submission of the Narrative Appraisal Report
LESSON 1: Appraisal Process and
Course Expectations LESSON 2: Critical Thought LESSON 3: Principles of Research LESSON 4: Market Research and Subject
Property Identification LESSON 5: Data Analysis and Tools LESSON 6: Report Writing - General LESSON 7: Title Searching - Land Titles Office and Registry Office Information LESSON 8: Area and City Analysis, and Neighbourhood Analysis LESSON 9: Site and Improvements Description, and Assessment and Taxes LESSON 10: Zoning / Land Use Controls, and
Highest and Best Use LESSON 11: Cost Approach - Land
Value LESSON 12: Cost Approach - Cost Analysis LESSON 13: Cost Approach - Depreciation Analysis and Summary of the Cost Approach LESSON 14: Direct Comparison Approach LESSON 15: Income Approach - Income and Expense Analysis LESSON 16: Income Approach - Capitalization Process and Summary of the Income Approach LESSON 17: Reconciliation, Certification, and Introduction LESSON 18: Summary and Linkages LESSON 19: Submission of the Narrative Appraisal Report
This four - day
course will introduce you to real
property concepts and characteristics, legal considerations, influences on real estate
values, types of
value, economic principles, market area analysis,
highest and best use, and ethical considerations.
LESSON 1: Appraisal Process and
Course Expectations LESSON 2: Critical Thought LESSON 3: Principles of Research LESSON 4: Market Research and Subject
Property Identification LESSON 5: Data Analysis and Tools LESSON 6: Report Writing - General LESSON 7: Title Searching - Land Titles Office and Registry Office Information LESSON 8: Area and City Analysis, and Neighbourhood Analysis LESSON 9: Site & Improvements Description, and Assessment & Taxes LESSON 10: Zoning / Land Use Controls and
Highest and Best Use LESSON 11: Cost Approach - Land
Value LESSON 12: Cost Approach - Cost Analysis LESSON 13: Depreciation Analysis and Cost Approach Summary LESSON 14: Direct Comparison Approach LESSON 15: Income Approach LESSON 16: Reconciliation, Certification, and Introduction LESSON 17: Summary and Linkages LESSON 18: Submission of the Narrative Appraisal Report