Direct Sales Comparison Approach To Value | Real Estate Glossary

Definition of "Direct sales comparison approach to value"

Appraisal approach where property values are estimated by comparing current comparable sales. See also market approach.

Same as term General Characteristics: attributes of a particular employee benefit plan. For example, ...

Use of a life insurance policy dividend by the owner of a participating policy. Here the policy divi ...

Property tax that varies in rate depending on the zoning classification (use) of the property. ...

Used to cool the attic by removing hot air. ...

Signed receipt by policyowner acknowledging that policyowner is in possession of the policy. ...

Building or other structure used to receive, hold, and issue products and other goods for a fee. A w ...

A debt-to-income ratio is the percentage of a persons monthly earnings used to pay off all debt obli ...

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

A title is the right of property ownership. ...

Zoning is the laws that establish how a property can be used and what codes must be followed when er ...

A mortgage broker is an intermediary who ensures a loan between a borrower and lender. The broker ta ...

A proration is the division of certain fees. If the sellers have paid the taxes six months in advanc ...

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