GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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02:33 Jun 6, 2021 |
German to English translations [PRO] Bus/Financial - Real Estate | |||||||
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| Selected response from: Michael Martin, MA United States Local time: 10:19 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +3 | appraisal |
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4 +2 | valuation |
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3 +2 | value assessment |
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2 +1 | forecast value |
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appraisal Explanation: in your context -------------------------------------------------- Note added at 38 mins (2021-06-06 03:12:48 GMT) -------------------------------------------------- An appraisal is an opinion or estimate regarding the value of a particular property as of a specific date. Appraisal reports are used by businesses, government agencies, individuals, investors, and mortgage companies when making decisions regarding real estate transactions. -------------------------------------------------- Note added at 40 mins (2021-06-06 03:14:46 GMT) -------------------------------------------------- An appraisal is an opinion or estimate regarding the value of a particular property as of a specific date. ... The goal of an appraisal is to determine a property's market value – the most probable price that the property will bring in a competitive and open market. -------------------------------------------------- Note added at 42 mins (2021-06-06 03:15:59 GMT) -------------------------------------------------- Real estate appraisers provide a valuation of a property. -------------------------------------------------- Note added at 45 mins (2021-06-06 03:19:12 GMT) -------------------------------------------------- and "valuation" would be ok too but I prefer "appraisal" |
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