... (9-5) to introduce the reality of monthly payments and principal amortization into the story Most real estate loans amortize, most real estate lenders use the full principal and interest payment ... REFERENCES Brueggeman, W B and Fisher, J D (2001) Real Estate Finance and Investments (11th ed.) McGraw-Hill Irwin, New York Lusht, K M., (2001) Real Estate Valuation, Principles and Applications KML ... Acquisition standards and criteria for Tier I and Tier III properties differ as much as the participants in these two markets The level of due diligence, analysis techniques, appraisal standards, and negotiating...