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Fee Simple Estate vs. Leased Fee Estate

Dart Appraisal

Dart Appraisal’s team of reviewers often encounters what appears to be a common misunderstanding about which portion of an estate should be valued when a client or intended user request an appraisal report: The Fee Simple Estate or the Leased Fee Estate. Chicago: Appraisal Institute, 2015). LEASED FEE ESTATE.

Tenants 67
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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.

Appraisal 148
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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

We’re grateful to work across several states and with so many great clients! We believe it’s important for appraisers to communicate with their clients to avoid surprises and ensure the appraisal process is as smooth as possible. Examples: A building owner has a single lease or multiple leases with tenants.

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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. Source: The Dictionary of Real Estate Appraisal, Sixth Edition, Appraisal Institute, Chicago, Illinois, 2015).

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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.

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Paige Martin, The Best Houston Realtor

Houston Properties

Check her client feedback, testimonials, and ratings here. Clients: “Paige Martin is the best Houston realtor”. – 2015: #9 Individual Agent, Keller Williams, United States. – 2015: #1 Individual Agent, Keller Williams, Texas. – 2015: #1 Individual Agent, Keller Williams, Houston.

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. Compliance with Fair Housing laws, rules, and regulations.