McKissock
NOVEMBER 17, 2020
If not, obtain one, specifically covering boundaries to learn if easements or encroachments exist.). Is there a maintenance easement, such as with waterfront properties, that could affect existing or proposed structures? (For Some questions to answer: Do you have a current survey of the property? (If Are there any deed restrictions?
Listing Spark
NOVEMBER 3, 2022
New construction builds are becoming more challenging in the current real estate market. We’ll dive into how newer builders and investors can navigate the changing market with Greg Naughton, Owner of Magnets REI with 22+ years experience in construction and 10 years experience as an investor and builder. powered by Sounder.
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D Fritz Appraisals
OCTOBER 11, 2022
Home appraisals are not just for when someone is buying or selling a home for themselves however, they are also important for: New construction loans. Any existing easements or zoning issues. Future potential for development of the home. Renovation loan assessments. Mortgage financing and refinancing. Estate settlements.
The Robert Weiler Company
SEPTEMBER 9, 2022
Floor Space Index or FSI (Amount of Construction Allowed on the Land). Possible Title Issues (Easements, Foreclosure). Test Soil Before, During, and After Construction (via a Soil Engineer). Value and condition of nearby developments. Early development tracts for sale (subdivision development and lot wholesaling).
McKissock
AUGUST 18, 2020
Unusual site (size, shape, terrain, setbacks, easements, deed restrictions, etc.). An abandoned, partially finished new construction in a remote wooded area, that four appraisers had backed out on because of the large number of rattlesnakes on the property. Navigability – A large waterfront development of finger canals.
Raleigh Realty
AUGUST 3, 2021
In general, there are three kinds of land you can purchase, and this determines how much down is required, as each requires its own kind of loan: Raw Land Loan: Raw land is when there is no development: no sewers, no electricity, and no roads. Raw land can be very expensive to develop.
Appraisal Today
SEPTEMBER 30, 2022
I used Hypothetical Assumptions for new construction, of course. =. There may be unrecorded easements or other issues that the appraiser would not and could not discover during the course of the inspection. However, while geographic proximity does not equal competency, proximity is advantageous for developing competency.
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