Blog entries tagged with "functional obsolescence":

functional obsolescence: Functional Obsolescence in houses and what is it? - 05/04/08 09:08 AM When I took my real estate classes and they mentioned functional obsolescense I didn't have any idea what it meant.  When doing bpo's it is still a mystery as to how to fill in that blank if it is on the form.  For those who may still wonder, here's an idea … (12 comments) functional obsolescence: Functional Obsolescence...How Far is Too Far? - 04/30/08 10:55 AM Functional Obsolescence is one of my favorite terms in Real Estate. Landlord.com describes it as: Functional Obsolescence: Functional obsolescence occurs when a property loses value due to its architectural design, building style, size, outdated amenities, local economic conditions and changing technology. The question is if someone is living in a house that … (1 comments)

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