How Remaining Economic Life Works
Cleveland Appraisal Blog
OCTOBER 29, 2021
Once we have found some comparable sales, we will deduct the value of the land from the sales price of each sale. Once we deduct the land value from the sales price, what remains is the depreciated cost of the home. the Mortgage represents an overall acceptable risk as determined by the Jurisdictional HOC. The HUD 4000.1
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