DataMaster

JUNE 15, 2023

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. If only it was that simple.

Appraisal 148

Appraisal Tenants Investors Business 148

Simonson Real Estate

JULY 10, 2020

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. Examples: A building owner has a single lease or multiple leases with tenants. Value Scenarios.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Simonson Real Estate

DECEMBER 6, 2022

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. The value may be the same as fee simple, but the interest is identified as a leased fee.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

DataMaster

JUNE 15, 2023

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. If only it was that simple.

Appraisal 78

Appraisal Tenants Investors Business 78

Dart Appraisal

APRIL 22, 2021

Based upon the definitions from the Dictionary of Real Estate Appraisal (below), anytime the subject is encumbered by a lease, including a partial lease, a short-term lease on a single-family residence, a ground lease, or a billboard lease, the leased fee property rights must be valued. Chicago: Appraisal Institute, 2015).

Tenants 67

Tenants Market Value Clients Landlords 67

Will Springer Realtor

MARCH 11, 2024

OLYMPIA HOUSING UPDATE Despite a short session this year, lawmakers in Olympia were successful in passing 11 known pieces of legislation that serve to help home buyers and sellers as well as landlords and tenants. The result: Nearly one-third of all households are cost-burdened, the highest rate since 2015. >> in Q3 to 53.5%

Insurance 36

Insurance Sellers Real Estate Buyers 36