Net Value Factor definition
Examples of Net Value Factor in a sentence
If the property remains unsold after the permissible marketing period, the loss claim is based upon a liquidation value real estate appraisal and preservation and disposition costs consistent with the most currently published U.S. Department of Veterans Affairs (VA) Management and Acquisition Factor (VA Net Value Factor) found at https:// www.benefits.va.gov/HOMELOANS/ servicers_valeri.asp.
The Agency will employ a loss claim model that takes into consideration various factors, including the market value appraisal, as well as property preservation and disposition costs based on the VA Management and Acquisition Factor costs consistent with the most currently published U.S. Department of Veterans Affairs (VA) Management and Acquisition Factor (VA Net Value Factor) found at https://www.benefits.
In order to estimate holding and disposition costs, a standard acquisition and management resale factor of 15.95 percent (aka VA Net Value Factor) as established by the Department of Veteran Affairs (VA) of the estimated sales price is used.
Transactions handled by DOFT cover foreign exchange and commodities trading, interest rates, centralized cash management, internal and external financing, borrowings and investments, and asset management.
The Agency estimates the net recovery value on unsold REO as the difference between: • The estimated value of the property based on the Property Sale Value Calculator;• Allowable acquisition and management costs associated with liquidation; and• Net Value Factor.