Suppose a comp sale occurred at a transaction price of $500,000, and was financed by the seller with a $400,000 note, fo

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Suppose a comp sale occurred at a transaction price of $500,000, and was financed by the seller with a $400,000 note, fo

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Suppose A Comp Sale Occurred At A Transaction Price Of 500 000 And Was Financed By The Seller With A 400 000 Note Fo 1
Suppose A Comp Sale Occurred At A Transaction Price Of 500 000 And Was Financed By The Seller With A 400 000 Note Fo 1 (13.04 KiB) Viewed 10 times
Suppose a comp sale occurred at a transaction price of $500,000, and was financed by the seller with a $400,000 note, for 15 years at 3%. The market rate of interest at the time of the sale was five percent, what is the value of the favorable finance?
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