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If the appraisal value matched the sales price, the lender financed the loan.
But that does not necessarily mean that such minority discount concerns should affect the appraisal value.
Tying the appraisal value to the merger price effectively eliminates the potential beneficial value of a reserve price.
In the August 1998 issue of the museum's monthly magazine, Smithsonian, the appraisal value of the instruments was stated to be $50 million.
David, I am not sure I agree with your comment about banks not caring about the appraisal value of the home.
In providing the disclosures in § 1013.4(l), a lessor must indicate whether the wholesale or retail appraisal value will be used.
Similar(29)
As home sales pick up in the million-dollar-plus market, deals are being complicated by unexpectedly low appraisal values.
It continued: "In addition, in recent months, housing prices and appraisal values in many states have declined or stopped appreciating.
Jed Smith, a managing director for quantitative research at the Realtors' group, said members cited two reasons for the dip in appraisal values.
The painting hung in the reading room since then, but the library was unaware of its worth until February, when a routine appraisal valued it at $4 million.
Cable networks are now showing practically nonstop footage of antiques dealers crawling around attics and warehouses and giving high appraisal values to stunned owners.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com