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Auctions see high owner-occupancy rates for foreclosed homes

Housing Wire

The higher owner-occupancy rate for distressed properties sold at auction than those sold on the MLS is a surprising stat given that the MLS is much more broadly known to retail, owner-occupant buyers. The role of renovators. A deeper dive into the data helps to explain this surprising result. I buy local.

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Rhode Island historian uses a reverse mortgage as an estate planning tool

Housing Wire

“The foundation would get what was described, in a January 2023 fundraising package, as a ‘prestigious headquarters … [and] site for small scale, but elegant events’ with its ‘voluminous library on American legal and constitutional development’ as a resource for nearby Roger Williams University ‘s law school.”

Tools 349
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The “Science” Behind Residential vs. Commercial Real Estate Appraisal

The Robert Weiler Company

It could take the form of mixed-use real estate, an apartment building, office building, shopping center or retail building, industrial property for sale, and more. The two main reasons behind obtaining a commercial real estate appraisal are buying and selling commercial property and legal governance.

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

The Robert Weiler Company

Retail products, food manufacturing, and pharmaceutical healthcare are all examples of different types of production facilities. Bulk warehousing : Warehouse rental space that stores goods in large quantities, most commonly as middleman storage between retailers and distributors. Industrial real estate comes in various forms.

Logistics 147
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How To Find & Lease Commercial Space for Rent in 2022 [Full Guide]

The Robert Weiler Company

A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord. A percentage lease is typically only used for retail space for lease. A free-rent period allows you to occupy, make renovations, and prep a commercial property in Columbus, OH, for a specified period without paying rent.

Tenants 144
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Non-Arms Length Sales for Appraisers

Appraisal Today

While often overlooking the CBG adjustment, the underwriter conceded that it might occasionally offer useful insights, yet also acknowledged the problematic nature of such a methodology and anticipated possible legal repercussions for Fannie Mae. retail residential mortgage applications, and has been conducted weekly since 1990.

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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 must consider everything that could affect a property’s value; some factors include property conditions, neighborhood, economy, market conditions, legal factors, and even the political climate. Rent a section to retail establishments.