Remove Landlords Remove Legal Remove Market Value
article thumbnail

California Realtors discuss post-wildfire changes in Black neighborhoods

Housing Wire

Kalin led a segment on best practices for legal matters that agents may face when assisting Altadena residents. ” Kalin closed his session with tailored advice for agents who are assisting landlords, buyers, and tenants with wildfire recovery. Landlords cannot raise rents by more than 10% until then.

Realtors 352
article thumbnail

Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

Helpful information includes tax parcel numbers, legal descriptions, number of buildings, building size, etc. The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Value Scenarios. What is Market Value As Is and When is it Used?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Purchasing & Developing Land - Part 5 - Reselling It - Raw or Developed

Eppraisal

Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. We have considered the acquisition of vacant land, financing that purchase; and complying with legal standards.

article thumbnail

Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

Helpful information includes tax parcel numbers, legal descriptions, number of buildings, building size, etc. The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Clarify What Value or Values are Needed.

article thumbnail

Inheriting A House? Here Are Your Options

Quicken Loans

Each option comes with its own set of legal, financial and emotional implications, which means you’ll want to deeply consider all three before making a final decision. In any case, you’ll want to have a clear grasp of the legal ramifications of the home’s existing mortgage to understand how it will impact your repayment plans.

article thumbnail

What to Do If You Inherit A Home

McKissock

Primarily, the issues revolve around the following aspects: Financial and legal responsibilities : This financial responsibility primarily includes things like any debt obligations like a mortgage, that may be attached to the inherited property. Or it may even involve a loan that was taken out and securitized by the property. Sell the house.

article thumbnail

Difference Between Leasing and Renting

Movoto

This is essential for landlords producing these documents and the tenants who will be signing them. Whether you’re looking to rent a new home or you’re considering becoming a landlord, knowing the difference between renting and leasing can help prevent costly problems arising from the language unique to each of these arrangements.

Tenants 28