The aim of the paper is filling the gap in the existing Italian literature on the quantitative determination of the Forced Sale Value (FV). The concept of FV is generally defined in comparison to the Market Value (MV) of a property. By an empirical investigation, we identify the quantitative relationship existing between these two types of value and analyze the determinants of the Italian real estate forced sale auction market.
Foreclosed homes market in Italy: Bases of value
CANESI, RUBINA;D'ALPAOS, CHIARA;MARELLA, GIULIANO
2016
Abstract
The aim of the paper is filling the gap in the existing Italian literature on the quantitative determination of the Forced Sale Value (FV). The concept of FV is generally defined in comparison to the Market Value (MV) of a property. By an empirical investigation, we identify the quantitative relationship existing between these two types of value and analyze the determinants of the Italian real estate forced sale auction market.
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