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Lease-Purchase Arrangements: Another Path to Homeownership?

Appraisal Buzz

The buyer rents the home as a tenant first, typically paying an up-front fee or down payment under an option contract to preserve the right to purchase the property within a set time period. For example, the sellers, usually also the landlords, are generally responsible for keeping the property safe and livable for tenants.

Landlords 221
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Six Essential Steps to Commercial Real Estate Success

Cleveland Appraisal Blog

Whether it’s a residential building or a retail mall, you want to attract tenants and clients so that you can start generating profit. To ensure that all parties are in agreement, you should compose contracts for all contractors and clients you do business with. I’m working on new articles of my own.

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Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

Notably, the market has contracted as fewer buyers can afford to purchase in today’s market with the rise in interest rates and the continual rise in home prices. Investors may have been attracted to the market as they saw rents increase for tenants. In comparison, in 2011, homes took 96 days to sell. .

Realtors 418
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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

I normally don’t post more than one article per week. This week I have a bonus article for my appraisal colleagues who are interested in becoming expert appraisal witnesses in eminent domain cases. This article was written by Leslie Fields, the Executive Director, Owner’s Counsel of America. Too many appraisers?

Appraisal 312
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Why Appraisers Don’t Depreciate Land

Cleveland Appraisal Blog

Hopefully, you found this article to be interesting. Here are some links to other articles I’ve enjoyed recently! USPAP and the Contract – Tim Andersen, The Appraiser’s Advocate Podcast. For my readers in the CLE area… here are some articles related to news in our local area. Too many appraisers?

Appraisal 283
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In-House vs. 3rd-Party On-Site Property Managers: Which Is Best for Your CRE?

The Robert Weiler Company

Our article delves into these two approaches, exploring the twin poles of the debate. To maximize profits and maintain good relationships with long-term tenants, the property manager must invest a lot of time and work. While many tenants are courteous individuals, some feel a 3:00 AM call over a trivial matter is appropriate.

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Warehouse Space in Columbus, Ohio: 17 Actionable Steps to Find, Lease & Organize Your Next Hub

The Robert Weiler Company

LawDepot™ explains a sublease as, “… a legally binding contract between a tenant and a new tenant… The sublease gives the subtenant the right to share or to take over the rented premises from the first tenant.” Conduct due diligence on the tenant you’re subleasing from as well as their landlord.

Landlords 144