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The importance of a fully modern open space preservation vehicle – a conservation easement in Ohio – cannot be better summarized than by our 26th President. Theodore Roosevelt, one of the nation’s original land protectionists, embodied the power and beauty of a conservation easement in the following quote: “Here is your country.
Population centers like Bozeman and Billings may have more tract homes, but that is a relatively recent development, DeWolf explained. You also get a lot of spec homes on dirt roads with private road easements and no recorded road agreement, which can create issues.” “Montana is the complete reverse.
Introduction In the world of real estate appraisals, certain properties and situations present unique challenges that go beyond the scope of typical residential or even standard commercial valuations. Mixed-Use Developments: These properties combine multiple uses, such as residential, commercial, and retail spaces in a single development.
In general, there are three kinds of land you can purchase, and this determines how much down is required, as each requires its own kind of loan: Raw Land Loan: Raw land is when there is no development: no sewers, no electricity, and no roads. Raw land can be very expensive to develop.
In addition, I’ll present several examples to help you identify complex assignments. Unusual site (size, shape, terrain, setbacks, easements, deed restrictions, etc.). Navigability – A large waterfront development of finger canals. What is a complex assignment? One-of-a-kind properties (no comps). Design (dome, log, etc.).
Expertise Professionals strive for proficiency in their field, continually enhancing their knowledge through education, webinars and personal development efforts. Luckily, some of the oldest homes on the market right now are gems—with history around every corner and elegant renovations that give buyers the best of the past and present.
As it turns out, both the appraiser and the home inspector had each independently inspected the home 18 months prior and both mistakenly reported a few of the smoke alarms present at the home, as CO detectors. However, while geographic proximity does not equal competency, proximity is advantageous for developing competency.
Department of Housing and Urban Development (HUD) or the Consumer Financial Protection Bureau. In addition to having those documents in place, it is also suggested to do the following prior to the home appraisal process: Clean your home and try to make it as presentable as possible in preparation for the appraiser.
Whether a basement or attic are present and their state of finish. Any existing easements or zoning issues. Future potential for development of the home. During this inspection they are looking at: General characteristics of the home: Size of home – square footage, number of rooms – especially bed and bathrooms.
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