This entry will have two distinct parts.
Part I
If you are a seller, or thinking about selling because you are in financial trouble, STOP. Examine what you are doing and why. Examine
Category Archives: sellers
C is for Contingency
- Wednesday, 29 August 2007 14:46
- Written by Lane Bailey
- 0 Comments
A contingency is simply a condition that must be satisfied in order for the contract to execute.
In real estate, there are several common contingencies, as well as a gazillion uncommon ones. In this post, we are only going to go over a few common contingencies. As I said previously, a contingency is a
A is for Appraisal
- Monday, 27 August 2007 10:44
- Written by Lane Bailey
- 0 Comments
An appraisal is simply an estimate of value made by a certified appraiser. That is all…
However, there are a few other terms that are often used (wrongly) as interchangeable with appraisal. Other value estimates, such as
Real Estate Investing 203 – Shifting Classes and Uses
- Friday, 24 August 2007 21:42
- Written by Lane Bailey
- 0 Comments
Back in Real Estate Investing 101, Part II, I briefly mentioned “Shifting Classes” after the Buy & Hold strategy. There are a few different ways to shift classes and uses that can build value for investors.
Residential to Commercial
One of the most common ways to increase value while shifting classes or use is to have a property
Wouldn’t you love to own this wonderful INVENTORY?
- Monday, 20 August 2007 09:53
- Written by Lane Bailey
- 0 Comments
I’m about to post up another rant…
I have long had an issue with business school terminology sneaking into general usage. It all goes back to about 1987 when I worked at the Heartthrob Cafe & Philadelphia Bandstand in downtown St. Paul, MN. I was a Soda Jerk. It was a great job, and there was a pretty good staff.
One of the managers that came in when the restaurant opened was a business school graduate from Chicago. She found out a couple of things during her first winter in Minnesota. The first thing that she found out was that Chicago wasn’t really that cold.