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Real Estate Question. Please Help ASAP Sequence of Adjustments: 1. Property rights conveyed 2. Financing terms/cash equivalency 3. Conditions of sale 4. Expenditures made immediately

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Real Estate Question. Please Help ASAP

Sequence of Adjustments:

1. Property rights conveyed

2. Financing terms/cash equivalency

3. Conditions of sale

4. Expenditures made immediately after purchase

5. Market conditions

6. Location

7. Physical characteristics

8. Economic characteristics

9. Legal characteristics

10. Non-realty components of value

****the first five adjustments (indicated in bold type) are generally applied in sequence. The last five adjustments do not necessarily need to be applied in sequence, although they typically are.

***The first seven elements in the sequence apply to all kinds of properties. The last three elements apply primarily to income-producing properties.

Adjustments Apply the following adjustments to a comparable sale that had a sale price of $272,000: Market conditions: Property rights conveyed: Location: Physical characteristics: Financing terms: Concessions: Conditions of Sale: +6.5% +2% -20% +12% -5% -$1,500 -10% Element of Comparison Adjustment % Adjustment Sale Price $272,000

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