Artemis Fowl
Senior Member
- Joined
- Mar 16, 2004
- Professional Status
- Certified Residential Appraiser
- State
- Michigan
Long time since I used forms or form software. Please refresh my memory.
Page 3 of the 1025, SUBJECT column:
Shouldn't the Sale Price row be blank? If not blank, do the subsequent calculation rows beneath autofill on most software?
I'm looking at a 1025 that has the contract price in that Sale Price field. The grid's bottom rows (Value per unit, etc)all calculate to the contract price using the values from afore-mentioned calc rows.
Actual rent is used...no explanation. Final reconciliation says income approach not applicable because the typical buyer (of this 3unit in a student housing area) is not likely to purchase for income purposes.
Page 3 of the 1025, SUBJECT column:
Shouldn't the Sale Price row be blank? If not blank, do the subsequent calculation rows beneath autofill on most software?
I'm looking at a 1025 that has the contract price in that Sale Price field. The grid's bottom rows (Value per unit, etc)all calculate to the contract price using the values from afore-mentioned calc rows.
Actual rent is used...no explanation. Final reconciliation says income approach not applicable because the typical buyer (of this 3unit in a student housing area) is not likely to purchase for income purposes.

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