a) Explain the following terms as used in real estate appraisals i. Value in use ii....

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a) Explain the following terms as used in real estate appraisals i. Value in use ii. iii. Liquidation value Insurable value b) Describe the cost approach of real estate valuation c) Explain the following types of quality of construction: i. ii. iii. Good quality Fair quality Average quality d) Highlight any three rights of a mortgagor a) Explain the following terms as used in real estate appraisals i. Value in use ii. iii. Liquidation value Insurable value b) Describe the cost approach of real estate valuation c) Explain the following types of quality of construction: i. ii. iii. Good quality Fair quality Average quality d) Highlight any three rights of a mortgagor

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a Explanation of Terms in Real Estate Appraisals i Value in Use Value in use refers to the present worth of a property based on its specific utility to its owner or user It represents the propertys va... View the full answer