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
Tag Archives: investment
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
Real Estate Investing 301 – Advanced Strategies
- Friday, 17 August 2007 12:17
- Written by Lane Bailey
- 0 Comments
Real Estate Investing 301
Advanced strategies
In Real Estate Investing 101, Part I we covered buying a house to resell for a short term profit, while minimizing risk and making it happen fast. We delved further into flipping in Real Estate Investing 201. In Real Estate Investing 101, Part II we covered buying and holding property for long term appreciation and wealth building. We also touched on class shifting to increase value. Real Estate Investing 202 continued on the Buy and Hold theme and offered deeper insight into making it profitable. In Real Estate Investing 203, we looked at shifting property classes for “highest and best use,” while increasing property value and return.
This time, we are going to look at investing from a different perspective.
Eminent Domain Abuse
- Saturday, 11 August 2007 09:30
- Written by Lane Bailey
- 0 Comments
This should be one of the keystone and defining issues for the NAR. I know that the NAR and some of the state associations are working (too) quietly to curb governmental abuses of the Power of Eminent Domain.
If you are unfamiliar with Eminent Domain, it is the power that governments of various levels have to condemn private property for public usage. Don’t be thrown off by the word condemn, it has needn’t have anything to do with condition of the property. Some examples
Luxurious Entry Level Homes?
- Wednesday, 08 August 2007 21:16
- Written by Lane Bailey
- 0 Comments
I was out today with a client looking at entry level homes. One of the homes we looked at turned out to be a seemingly under-priced townhome. This wasn’t of interest to my client, but it did have some interest for me. But, it got me thinking… (regular readers will recognize the danger here)