A house is generally considered an appreciating asset because it may increase in value over time.
This is because when you buy a house, over time you are probably going to invest in it, change it a bit, add more rooms, change the old equipment, etc. which will all contribute to the increase of its value in the future. This is why it is an appreciating asset.
Answer:
Ambitious Ambitious Ambitious Ambitious
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Answer:
After the assassination of Luis Carlos Galán, the administration of César Gaviria moved against Escobar and the drug cartels. ... Declaring an end to a series of previous violent acts meant to pressure authorities and public opinion, Escobar surrendered to Colombian authorities in 1991.
Roberto Escobar maintains Pablo fell into the drug business simply because other types of contraband became too dangerous to traffic. As there were no drug cartels then, and only a few drug barons, Pablo saw it as untapped territory he wished to make his own.
The correct answer would be option B, A percent of its assessed value.
The market value of a property is A percent of its assessed value.
Explanation:
Market value is basically an estimate, an opinion, about the percentage price of the fair value of the property or anything.
When estimates and opinions are made about the selling price of the property in the competitive market, actually the Market value of that property is assessed. The market value of the property is assessed on the following criteria:
- benefits and features of the property
- overall situation of the real estate market
- supply and demand of the properties
- value of the similar properties in the current situation
On the basis of the above criteria, the market value of the property is assessed.
Learn more about Market Value at:
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