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California Realtors discuss post-wildfire changes in Black neighborhoods

Housing Wire

He advised Black agents to maintain an objective approach when working with clients. Kalin also recommended that agents help their clients consider the time and cost of rebuilding , homeowners insurance proceeds, temporary housing expenses, and the benefits of selling for cash value versus rebuilding.

Realtors 360
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DataDigest: Office debt is stressing banks. That matters for mortgages.

Housing Wire

The banks had courted high-net-worth clients working in speculative tech and crypto startups in Silicon Valley, while also tying up a large portion of the banks’ assets in Treasury securities. 1, the company had lost 45% of its market value. Regional banks are once again in the grip of a concentration problem.

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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Examples: A building owner has a single lease or multiple leases with tenants. The value may be the same as fee simple, but the interest is identified as a leased fee.

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Things To Remember About Tax Appeals

Cleveland Appraisal Blog

If a home needs major repairs, clearly this can have a negative impact on market value. Therefore, if a home is in need of some major repairs, it may be worth having an appraisal completed to see if the market value of the home is lower than the assessed value. Thankfully, my clients have always done so.

Appraisal 219
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Impact of COVID-19 On Appraisals

Simonson Real Estate

COVID-19 Market Analysis – Insights and Impact Analysis. COVID-19 Market Analysis – Insights and Impact Analysis. The client should be clear that the assessment is performed at a point in time and that the market value opinion is – as of a specific date – the effective date. Suburban Class A – 5.0%

Appraisal 143
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Why Industrial Space for Rent Is the Hottest CRE Sector in 2021

The Robert Weiler Company

The two scenarios surrounding build-to-suit are speculative buildings and scenarios where the tenant has already been secured. Speculative buildings are produced without the guidance of a specific tenant in mind but can be rewarding if they are of high quality and fulfill the needs of local businesses. Appearance.

Logistics 147
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How should appraisers approach short-term rentals?

DataMaster

Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Qualifying for a conventional mortgage on one of these properties is a challenge and without a tenant in place or proof of income, most lenders won’t even consider financing the investment property. If only it was that simple.

Appraisal 148