Remove Investors Remove Legal Remove Market Value Remove Real Property
article thumbnail

What’s in a Sales Contract? Insights from a Seasoned Appraiser

McKissock

For a typical “as-is” Market Value assignment with a straightforward contract with no contingencies or conditions, there is probably nothing that an appraiser actually needs to see. If a property appraises for $200,000 for a refinance, then it is still a $200,000 property for a sale transaction.

article thumbnail

Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

Understanding the perspectives of the appraiser and bank appraisal review department helps lenders communicate with the borrower at the onset of the real estate financing process. As investors and owners of businesses, these individuals carry many responsibilities, of which financing real estate is one component.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What is a 1031 Exchange? A Beginner’s Guide

Property Metrics

To minimize or defer the tax bill when selling investment real estate, investors commonly use what’s known as a 1031 or Like Kind Exchange. 1031 ), which defines the conditions for tax deferral on the sale of real estate. No “Boot” : Boot refers to any non-like kind property received in a 1031 exchange.

article thumbnail

Reconsideration of Value and Appraisers

Appraisal Today

The appraiser must now reconcile these three values into one final opinion of value. b) reconcile the applicability and relevance of the approaches, methods and techniques used to arrive at the value conclusion(s). Get the relevant date of value from the client or client’s attorney. Excerpts: 2.