[waimea] NUMBER ONE Success System

[Tommy Lee]

http://www.noss123.com/

*Number One Success System* is not an investment club, not a business, not
MLM, not a company or corporation, not a commercial enterprise of any kind
whatsoever, nor do its activities include the solicitation of anything.
There are no investments here, no paychecks, no products or services to
sell, no seminars to attend, no tapes or manuals to buy, and no one MAKES or
EARNS any money. is the practice of developing an opinion of the value of
real property, usually its Market Value. (*Real estate appraisal* is
American usage; many other countries use the terms *property
valuation* or *land
valuation*.) The need for appraisals arises from the heterogenous nature of
property as an investment class: no two properties are identical, and all
properties differ from each other in their location - which is the most
important determinant of their value. So there cannot exist a centralised
Walrasian auction setting for the trading of property assets, as there
exists for trade in corporate stock. The absence of a market-based pricing
mechanism determines the need for an expert appraisal/valuation of real
estate/property.

A real estate appraisal is performed by a licensed or certified appraiser
(in many countries known as *property valuer* or *land valuer*) If the
appraiser's opinion is based on Market Value, then it must also be based on
the Highest and Best Use of the real property. For mortgage valuations of
improved residential property in the US, the appraisal is most often
reported on a standardized form, such as the Uniform Residential Appraisal
Report.[1] Appraisals of more complex property (e.g. -- income producing,
raw land) are usually reported in a narrative appraisal report.
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