Whether times are good or bad, lenders always have foreclosed properties in inventory. During a recession the inventory may be high. One of the problems that banks and insurance companies have is disposing of this real estate owned (REO). They are faced with the decision of whether they wish to dispose of the property immediately […]
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Providing Rentals For Seniors
Not all retired people want to own their own home. Many prefer to be tenants. Many feel that the proceeds from the sale of their old home can be used to supplement their pension and social security, rather than reinvested in another home. The money can be used for travel, visits to children and grandchildren […]
Read more.Modern World Technology
With the invention of electricity the biggest breakthrough in home and office innovations was from 1906 to 1955. During this period, the introduction of household appliances and office machines in America, ranging from vacuum cleaners, electric ranges, food processors, electric typewriters, made the home and office life in general much easier with the use of […]
Read more.Kinds of Commercial Leases
A lease is an integral part of many real estate investments. It should outline all the obligations of the tenant and of the landlord. This sounds simple, but many questions arise. If, for example, property taxes increase, does the tenant pay all of the increase or only part of it? If the property must be […]
Read more.Investment Real Estate Experts
Come to our office when you need professional advice and help in commercial real estate. We are experts in values and knowledge of the entire market in this area. If you have been looking for a certain type of property we probably have the full information on several like it already. Our information can help […]
Read more.Knowing The Value With Appraisal
The purpose of any real estate appraisal is to determine the market value of the property being appraised. The handbook of the Appraisal Institute defines market value as; “The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, […]
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