
comparable sales method of valuation?
A buyer is interested in buying a home in Tustin, California. The Seller is very motivated and has offered to extend a $ 500,000, 30-year mortgage at 5.25%. The market rate for such loans is 6.75%. What the adjustment of funding must be made if this operation was to be used in a comparable sales approach to the evaluation? A. b. 16,313.33 $ 48,197.00 $ 47,846.92 $ d. c. e.None $ 74,309.80 of the foregoing. How do you do something like that? Did you imagine the time when PMT it to 360 months and then take the result from the second lowest first? How should I approach this problem?
This would be the difference between the fully amortized amount the interest rate respectively. The answer is D and the correct amount is $ 173,491.77
Farage vs Brown
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