The difference between evaluation and rating

Many people think, evaluations and comments are the same, or at least the same amount. The truth is, that can vary considerably. Let's look at each one. Ratings An assessment is an estimate of market value. An expert, many ways to come to this estimate. The decline of the performance of items of property, the capital may be an expert in the value of income flow. (It would be an "x" dollars of the United States capital invested in a "y" to return to the level of rental income for this property.) For other features, an expert may be "interesting." (It would cost "x" dollars for the construction of this structure, if today were built.) Expert Committee on the rule of "sales" in assessing the market value of a house. You can see on nearby properties with similar characteristics, which in the recent past, to see what price are sold. In general, most of the weight in his view, most of them, because they are the property of the examinations. The buyer and seller, usually evaluations of the meeting, if the buyer has a lender of an expert to assess the market value of the goods sold. The creditor, to ensure that the value of the collateral for the loan. An interesting aspect is what is at stake in this situation is that the mention of the value is great, at what price two parties agree to buy and sell the same property. In other words, what is the price of the contract, the seller and the buyer of the goods (if not citizens). Comments An assessment is the value of your local government on your property for tax purposes. As this value depending on the jurisdiction. Some commonly used words, the value is the same market value. Some say that the value is expressed as a percentage of market value. Some seem to do what they say they do, others do not. I was once held as a financial investment property we offer for sale, the date of the region should be reviewed. Imagine my anger, if the evaluation was one hundred forty per cent of the purchase price. It was not zero. The partners are real estate professionals. I put a revaluation, but my objection was rejected. I offered the sale of real estate prices, the expert of the province for use, when he said, because it is our assessment. He has my offer. The price of our property sold months later. We had six months paid "taxes on real property to a value higher than the market. On another occasion, helped me to sell some old people who lived on a farm all his adult life. The company sells at a price much higher than the value at which it was evaluated. I think both examples are fairly typical. In many countries, "puff-up assessment for companies and investors and" Low Ball "Note for the people have lived in their house for a long period of time. Sometimes there are formulas to do so. "Sol is a concept, ie, the property is its value as a farm, and that is ripe for density housing and commercial development is ignored or rejected. Sometimes there are no formulas. It 'easy to do . For these reasons, it is not usually a good idea, too much confidence in the assessment of the value of a property, when you try to discover the market value. You can use the same. Can another.