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Basic valuation |
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Basic valuationThis is carried out for the purposes of mortgage and is prepared for the lender. A survey will also help you to find out independently whether the price is reasonable. Your mortgage lender will almost certainly insist on a basic valuation to make sure that the property is worth the amount you are paying for it. They want to ensure that you will be able to sell it again and therefore that it is a safe investment. Although it is often referred to as a survey, it doesn't go into nearly as much detail as a homebyuyer or full survey would do.Basic valuation Similar MatchesDevaluationDevaluation1. Depreciation. 2. A fall in the value of a currency that has been pegged, either because of an announced reduction in the par value of the currency with the peg continuing, or because the pegged rate is abandoned and the floating rate declines. 3. A fall in the value of a currency in terms of gold or silver, meaningful only under some form of gold standard or silver standard. Currency devaluationCurrency devaluationA deliberate downward adjustment in the official exchange rates established, or pegged, by a government against a specified standard, such as another currency or gold. RevaluationRevaluationAn increase in the foreign exchange value of a currency that is pegged to other currencies or gold. Valuation ClauseValuation ClauseStipulates a fixed sum for insured property in the event of loss when included in a marine cargo insurance policy. Customs valuationCustoms valuationThe method by which a customs officer determines the value of an imported good for the purpose of levying an ad valorem tariff. When this method is biased against importing, it becomes an NTB. Further SuggestionsDevaluationCurrency overvaluation Pre-Money Valuation Valuation Opportunity Cost devaluation Investment Valuation Model (IVM) valuation Currency revaluation Assessed valuation |
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