Book Value


Definition of "Book value"

Net worth of property as shown on the balance sheet. It equals gross cost less accumulated depreciation. Because book value is based on historical cost it differs from market value.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Construction Loan Rate

(1) The interest rate charged on a construction loan. (2) The rate at which construction loan progr ...

Fiscal Year

A 12-month period used by a real estate company or partnership to account for and report business op ...

Prime Rate

Loan rate charged by commercial banks to their best customers. This is a bellwether rate in that it ...

Net Yield

Net return on a real estate investment. It equals the income less the expenses associated with the p ...

Intermediation

A court order on an issue directly related to the immediate action. ...

Cost Estimating

Projecting what the total cost would be to construct a structure. Costs include material, labor, and ...

Related Real Estate FAQ

What Is A Qualifying Ratio?

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

What Is Underwriting?

Underwriting is the process of evaluating a loan to determine whether the loan is a good risk. ...

Should I Consolidate My Debt?

Discover your potential monthly savings by combining your bills into a single source. Eliminate high ...

What Is A Loan-to-value (LTD) Ratio?

A loan-to-value ratio is used by lenders to state how much you have financed. If you put down 20 per ...

What Are Jumbo Mortgages?

Jumbo mortgages are mortgages larger than the limits set by Fannie Mae and Freddie Mac. A jumbo mort ...

What Is A Lease Purchase Mortgage?

A lease purchase mortgage is a financing option that allows potential homebuyers to lease a property ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Tax Breaks for the First Time Home Buyer What is the Best Time of Year to Buy a Home? How to become a real estate agent What is Earnest Money How is Square Footage Determined?

FAQ

What is an annuity? What are the Benefits of Liability Insurance? What is a sales contract? What is a term? What is a subprime mortgage?