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3 Cards in this Set
- Front
- Back
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Area preference |
Also called situs or location refers to people's preference for a certain area the properties location is considered the most important economic characteristic of Real Estate |
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Area preference characteristic |
Prospective purchasers of property will attach great importance to the surrounding area when making a decision in determining the amount that they are willing to pay |
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Area preference characteristic |
The preference for certain areas that meet the needs of perspective purchasers will affect the amount that I will to pay and there for the value of the property |
