Re: help reading appraisal from revaluation
Posted by mscottc on 2018/2/10 18:00:29
"Imputed debt service" is essentially the payment on hypothetical mortgage based on the conditions set out in the PILOT agreement. In my case, and I'd assume others, that mortgage is based on the highest sale price of the property's history, so you'd need to know that.
There are plenty of EXCEL spreadsheet templates that can help you figure that. Or find an online financial calculator.
"Common Charges" are your monthly or annual condo/coop maintenance charges.
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