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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. Recently, Xactus’ valuation solution was approved to fulfill Fannie Mae’s property data collection orders. He previously served as the company’s chief data officer.

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. Always include your contact information and a call to action, such as an offer for a free home valuation. The same quantity of printed, inserted, stamped and mailed letters are $1.38

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Challenges and Opportunities in Appraising Mixed-Use Developments

Boston Appraisal

Challenges in Appraising Mixed-Use Developments Complex Valuation Models : Mixed-use properties require appraisers to be adept in multiple valuation methods. retail, office, residential), an appraiser must combine elements of each type’s valuation techniques. Since these developments encompass various property types (e.g.,

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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. Sometimes, a building will have all short-term (less than 12 months) leases. Bottom Line.

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DOLLAR STORES MARKET TRENDS

Simonson Real Estate

In the world of single-tenant commercial real estate one property type sub-group has stood out: Dollar Stores. Over the past few years, Simonson Appraisals has provided valuations for many dollar store properties across Minnesota and North Dakota — primarily Dollar General. Dollar General Tenant Overview.

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How should appraisers approach short-term rentals?

DataMaster

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Lenders and clients will be looking for an appraisal to secure a loan on the STR.

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