Last reviewed 10-31-2026Short-Sale.com Editorialglossary
External Depreciation (economic obsolescence)
Fannie Mae
Updated 10-31-2026
External Depreciation (economic obsolescence)
A loss in value that is caused by negative influences that are outside of a property's site, such as economic factors or environmental changes.
Fannie Mae Glossary of Terms
Fannie Mae · p. 15
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