An approach to mortgage valuations

Robinson, J.

An approach to mortgage valuations - 1991 - Journal of Property Finance 1 (4) Spring 1991, 547-563 (17) .

Factors affecting mortgage valuations are discussed including debt and equity, development and investment finance , valuation and investment analysis, capitalisation and cash flow analysis and lender`s security. An example of a proposed investment is used to explain the various approaches used. A proper appraisal requires a range of methodologies and results are demonstrated for capitalisation , cash flow analysis, sensitivity analysis , ratio analysis and risk analysis . Comparisons are made between the optimistic data usually used in property investment analysis and more objective data and the advantage of using a range of measures becomes apparent. Journal Abstract.


COMMERCIAL MORTGAGES