This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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. California is also prohibiting unsolicited offers below marketvalue.
To make matters worse, there has been no offer to pay you for your home’s fair market and sales value. It feels like you are being given a flippant 60-day notice as if you are a tenant with no ownership rights. To add further insult to injury, there is no compensation offer. But why wait for collective, legislative reform?
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 MarketValue As Is and When is it Used?
Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair marketvalue to be established using traditional appraisal approaches (e.g. I hope you enjoy these also… .
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.
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.
No matter the reasoning, it’s important to understand the legal process behind property ownership transfers to ensure all parties avoid potentially damaging legal implications. From the tax implications of deed transfers to advice regarding the filing of legal documents.
Sold below marketvalue, they often require significant repairs. The property may also have legal issues, like title problems or unpaid liens, which can affect its value. Appraisers must fully understand foreclosure processes, legal issues, and local market trends to set the correct marketvalue for REO properties.
The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the marketvalue of a property. Marketvalue is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. Question 5: Why are commercial property appraisals important?
Squatting, the act of occupying an abandoned or vacant property without the legal right to do so, is a growing concern for real estate investors. These challenges can range from financial losses due to property damage and legal fees to prolonged vacancies that delay the ability to sell or lease properties.
This is essential for landlords producing these documents and the tenants who will be signing them. Think of a lease as a handshake agreement – but on paper and legally binding. Tenants benefit from knowing they have a secure place to live without the risk of sudden rent increases or changes in terms.
Equity is the difference between the marketvalue of your home and the amount you owe on your mortgage. Any increase in marketvalue also contributes to an increase in your home equity. When your marketvalue increases, so does your home equity. Two key benefits are equity and tax advantages.
Understanding Different Appraisal Products A real estate appraisal is a detailed study determining a property’s marketvalue for potential buyers. Understanding valuation methods, market trends, and property analysis is crucial to establish this value.
Purpose: While residential real estate is designed primarily for housing, CRE is about tenant businesses or organizations that pay rent (or other fees) to operate in the space. Steady Cash Flow : Long-term leases and multiple tenants can provide predictable income streams. Here are some compelling reasons why CRE stands out.
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content