Large objects are often left unclaimed, as bank lending is often suspended, and the personal funds of the enterprises is not enough. "- Sergey Mikhailovich tell me, how is it possible to reliably determine the self-term exposure of the property, not to be mistaken, because the error can be costly. – "Of course, the correct definition of the term exposure of the subject real estate appraiser is a task which is entrusted to calculate the resale value of the object. Appraiser relies on his experience, intuition, and conducting a series of talks with representatives of real estate companies, analyzes the market. There are no mathematical models for calculating the period of exposure. You can calculate the resale value of the object, but the period of exposure of the subject – it's just statistics.
Therefore, during the period of financial instability Statistics on when we can not speak, just say the term of the exposure of a property is not possible, we can only guess, but how realistic assumptions, it depends on professional experience specialist. " Term exposure – an important but not the only factor influencing the assessment of residual values. It is known that there is a methodology for determining the residual value. – Sergey, you can say about the method of determining the liquidation value. – "There are two main methods of calculation: direct and indirect. Direct method by comparing the sold object with the same or a static Mod.
This method is simple and often reliable, but not always feasible in today's realities of the unavailability of information on transactions of forced sales. The indirect method is based on a calculation of the liquidation value through the market: the market value of the so-called discount deducted on the forced nature of the sale of the object (determined individually, usually located within 20-50% of the real price). Of course the most accurate result will be achieved by applying the two methods. Even if the direct method does not yield the desired results, then the market will be analyzed, so the second method – direct, indirect, will be more objective "To sum up, I want to say that today, difficult economic period, when the situation on the real estate market is not understandable and not logical, it is hoped the professional experience and objectivity of judgments of experts – appraisers. The liquidation value of the object property during the period of financial instability – a complex and important process that requires a specialist high professional training and experience in the assessment of similar objects.