article thumbnail

Xactus names chief operating officer

Housing Wire

In his expanded role, Crockett will guide day-to-day operations and key departments at Xactus, including credit, verifications and tenant screening. Xactus provides solutions that include credit reporting, online verifications, fraud detection and property appraisal. He previously served as the company’s chief data officer.

Tenants 446
article thumbnail

The Challenges of Appraising Multifamily Properties

Appraisal Buzz

If you purchase a single-family property, you don’t often rent out the space to others. It’s not uncommon for people to have tenants or roommates, but you’ll typically find that isn’t the case with single-family houses. These properties are not for owner occupancy. That’s why multifamily homes exist.

Appraisal 397
Insiders

Sign Up for our Newsletter

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

article thumbnail

52 Tips to Negotiate an Office Space for Lease in Columbus, Ohio [2021]

The Robert Weiler Company

However, not every prospective tenant fits the type of tenant the landlord is looking for, such as business standing, financial situation, etc. Prior to executing an office space lease agreement, the landlord may put the prospective tenant through a financial verification process. Office space in our region is in demand.

Landlords 148
article thumbnail

A Simple Guide to Understanding Different Types of Commercial Appraisals

Boston Appraisal

The Basics: Different Ways to Value a Commercial Property Commercial appraisals are all about figuring out what a property is worth, but there are a few different ways to do that. The idea is that a property’s value is closely tied to how much money it brings in. They’re all about functionality and space.

article thumbnail

How To Prepare for a Commercial Property Appraisal

East Coast Appraisal

You need to take some steps before and during the appraisal process to ensure that you get the most accurate and reliable valuation possible. Discover some tips on how to prepare for a commercial property appraisal. To have your property appraised, contact East Coast Appraisal Service.

article thumbnail

Investment Property Appraisals Made Simple

AmeriMac

Before an appraisal, it’s important to gather essential documents such as property taxes and operating expenses. Making improvements to the property can positively impact its appraisal value and attract potential buyers or tenants. One significant impact of appraisals is on financing options.

article thumbnail

Decoding Property Appraisal for REO Properties

AmeriMac

Understanding these distinctions is crucial for accurately evaluating the value of REO properties compared to conventional real estate assets. The Appraisal Challenges for REO Properties Appraising REO properties presents special challenges for real estate experts.