The writer is very fast, professional and responded to the review request fast also. Thank you.
You are the judge in a settlement case. You need to compute the value of a piece of land in Denver Co.
The valuation is subject to the following conditions
1. The settlement will take place at the end of 2019
2. The current appraised value of the land on 1/1/2018 is $500.000
3. The piece of land has a building on it that is uninhabitable. It takes one year to bring the building
down at a cost of $100,000. That money must be paid now.
4. The land can be rented in 2019 at a net proceeds of 40,000
5. While rented the land cost $20,000 in property taxes
6. Your real estate adviser notes that selling prices of comparable lands in Denver have declined, in
real terms, at an average rate of 3% per year over the last 5 years.
7. The cost of capital is 10%
8. The sale of the land at the end of 2019 is subject to a 10 % commission.
What should someone pay today for this land if given the choice?
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more