The Baltics Today

How to distinguish real estate price from market value?

When industry experts describe real estates, their vocabulary may include legal terms, the meaning of which is sometimes incomprehensible for others involved in the transaction. "If the buyer and the seller of a property are acutely aware of what the "price" is, such terms as "market value" or "cadastral value" are sometimes embarrassing" – explains Inga Ermale, Head of the 3rd Valuation Division of ARCO REAL ESTATE in Latvia.... Read more...

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