Suitability Standards
Definition of "Suitability standards"
Financial characteristics or standards that a potential investor is evaluated on to judge his or her suitability for a particular investment program. For example, to determine whether a particular large scale investment program in apartment buildings is appropriate for an investor, an individual's net worth, liquidity, knowledge of the real estate industry, outstanding debt, overall financial sophistication, and other attributes will all be considered and evaluated.
Popular Real Estate Terms
The definition of low-income housing is any house that is either rented or owned by an individual or family that has a monthly household income that does not exceed a certain percentage of ...
Way of valuing real estate that computes the discounted present value of an expected stream of income, including rental income and future capital gains or losses. ...
Also called straight bankruptcy. A provision of the 1978 bankruptcy Reform Act providing for a persons property to be divided among creditors to satisfy his/her unpaid debts. Any debtor ...
Estimated market price property could bring using currently accepted appraisal methods. This might not be the same as the market price at any one given time when the seller is compelled to ...
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Final property appraisal estimate arrived at by applying appropriate appraisal methods. ...
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Effect on the market price of houses as interest rate change. For example, when mortgage interest rates rise, the prices of houses tend to fall. ...
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