Real-Estate Appraisal is an important professional activity with consequences for economic and financial stability of the economic system. e increasing importance of sustainability in building construction and management has practical and professional consequence in valuation activity (Lorenz and Lutzkendorf, 2008). Assumptions and inputs that influence real-estate valuation may be greatly conditioned by sustainability. Nonagency mortgage crisis demonstrated the importance of real-estate valuation activity. According to Basel II agreement and EU Directive 2006/48/CE, banks should provide periodic automatic valuation to appraise properties, who guarantee the Q14 mortgage-lending process. In the valuation activity for mortgage-lending purposes, statistical and mathematical modeling is used in combination with valuation Appraisal of Real Estate created a difference between the estimate of value as the final output of an automated valuation model and the opinion of value considered the final output on an “in person” valuation

Aspects of Commercial Property Valuation and Regressed DCF / D'Amato, Maurizio. - (2017), pp. 63-83.

Aspects of Commercial Property Valuation and Regressed DCF

D'Amato, Maurizio
2017-01-01

Abstract

Real-Estate Appraisal is an important professional activity with consequences for economic and financial stability of the economic system. e increasing importance of sustainability in building construction and management has practical and professional consequence in valuation activity (Lorenz and Lutzkendorf, 2008). Assumptions and inputs that influence real-estate valuation may be greatly conditioned by sustainability. Nonagency mortgage crisis demonstrated the importance of real-estate valuation activity. According to Basel II agreement and EU Directive 2006/48/CE, banks should provide periodic automatic valuation to appraise properties, who guarantee the Q14 mortgage-lending process. In the valuation activity for mortgage-lending purposes, statistical and mathematical modeling is used in combination with valuation Appraisal of Real Estate created a difference between the estimate of value as the final output of an automated valuation model and the opinion of value considered the final output on an “in person” valuation
2017
Value in a Changing Built Environment
978-1-4443-3476-0
Wiley Blackwell
Aspects of Commercial Property Valuation and Regressed DCF / D'Amato, Maurizio. - (2017), pp. 63-83.
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11589/117513
Citazioni
  • Scopus 2
  • ???jsp.display-item.citation.isi??? ND
social impact