VALUATION AS A MEASURE FOR LIQUIDITY OF OBJECTS OF LOAN SECURITY

Nikolai Trifonov and Viktor Krivolapov

ERES from European Real Estate Society (ERES)

Abstract: "In the event of credit nonreturn it becomes to be impossible without prejudice to banks to sell an object of security. That stands the question of validness of aplicable bases of valuation, in particular of delimitation in using definitions """"market value"""", """"mortgage lending value"""", """"realization value"""", and """"liquidation value"""". We consider justified for aims of the mortgage lending an use of only market value, as well as liquidation value of real estate as measure of market value under forced sale in restricted time. Use of definitions """"mortgage lending value"""" and """"realization value"""" is represented excessive."

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2000-06-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://eres.architexturez.net/doc/oai-eres-id-eres2000-114 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2000_114

Access Statistics for this paper

More papers in ERES from European Real Estate Society (ERES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().