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When you’re about to buy your first realproperty outside of your primary residence, you should know whether you’re going into it with the intention of renting or if you want to flip and make an immediate profit. I always appreciate Jessica’s articles! Here are some links to other articles I’ve enjoyed recently!
Why might you be engaged to appraise a single or multi-tenant industrial or flex style office building? To estimate the realproperty value for the purpose of one or more partners acquiring the interest of other partners in a proposed or existing building’s ownership. For real estate tax assessment purposes.
Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.
As a result of these changes, a commercial property could be cash flow positive one day and undesirable the next due to shifts in tenant desires or some other factor. . The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of.
In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the RealProperty Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. Compliance with the Equal Credit Opportunity Act.
The residential appraiser already has the knowledge and practical application of the fundamental appraisal process and practical experience valuing realproperty. I don’t invest in communities with HOAs anymore because their rules are so over the top that it upsets the tenants.” To subscribe, go to www.
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