Language Switcher Module

Undivided Interests in Real Estate, Part 3

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  "post_summary": "<p><strong>THE RESOLUTION – VICTORY!</strong></p> \n",
  "title": "Undivided Interests in Real Estate, Part 3",
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    "Valuation"
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Valuing a Note: Principal = Value…NOT!!

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  "post_summary": "<p>While it may seem at face value (pun intended) that the value of a note is equal to the outstanding principal balance; this is often not the case. The fair market value of a note is dependent on several factors, two of the most important being “counter-party risk,” which means the creditworthiness of the debtor, and cost of capital at the date of analysis. Understanding the creditworthiness of the debtor is the more complicated of the two, and potentially involves analyzing the debtor’s financial condition, and could involve a fairly complex analysis of an operating company, including an analysis of quality of assets and cash flows, the determination of a corporate credit score (Z-score), and other such analyses that are typical for underwriting debt. As an ancillary consideration, the lender should require access to relevant records so as to be able to perform such analyses if necessary.</p> \n",
  "title": "Valuing a Note: Principal = Value…NOT!!",
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    "Hide Date",
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