000			01209cab a2200205 4500
001			ABS44251
008			090401t1991 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u46145
041			_aeng
100			_aRobinson, J.
245		3	_aAn approach to mortgage valuations
260			_c1991
350			_a0
490			_aJournal of Property Finance _v1 (4) Spring 1991, 547-563 (17)
520			_aFactors 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.
650			_aCOMMERCIAL MORTGAGES
690			_aPROPERTY-PROPERTY FINANCE AND INVESTMENT
942			_n0
948			_c04/03/1997
999			_c29199 _d29199