🏚️ Physical Deterioration vs. Functional Obsolescence
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YouTubeKJMETHOD REAL ESTATE EXAM PREP
🏚️ Physical Deterioration vs. Functional Obsolescence
🏚️ Physical Deterioration vs. Functional Obsolescence Two terms that reduce a property’s value — but for very different reasons. 📌 Physical Deterioration = wear and tear (broken windows, sagging floors, leaky roof, peeling paint). 📌 Functional Obsolescence = design flaws that don’t meet today’s standards (five bedrooms with ...
297 views3 months ago
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