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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g. About the Author. I hope you enjoy these also…

Appraisal 309
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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. If only it was that simple.

Appraisal 148
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Why Industrial Space for Rent Is the Hottest CRE Sector in 2021

The Robert Weiler Company

The two scenarios surrounding build-to-suit are speculative buildings and scenarios where the tenant has already been secured. Speculative buildings are produced without the guidance of a specific tenant in mind but can be rewarding if they are of high quality and fulfill the needs of local businesses. Appearance.

Logistics 147
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Eleven Types of Risk in Commercial Real Estate

Property Metrics

Similarly, leased property includes a risk that tenants will not be able to make timely lease payments as expected. Late payments can create cash flow problems for the property owner, but the situation can be worse if the tenant goes out of business and moves out of the space. Inflation Risk. Interest Rate Risk. Liquidity Risk.

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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. If only it was that simple.

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10 Ways to Financially Benefit From Your Home

PennyMac

Equity is the difference between the market value of your home and the amount you owe on your mortgage. Any increase in market value also contributes to an increase in your home equity. When your market value increases, so does your home equity. Two key benefits are equity and tax advantages.

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. Question 6: What is the overall commercial real estate appraisal process?