Keyword: distressed real estate
Should appraisers take distressed properties into account as comps?
Are foreclosures the same as resale? With recent news from the Appraisal Institute that Nevada, Missouri, Maryland and Illinois are considering legislation barring appraisers from using distressed sales as comparables, some are pondering what a divorce between short sales, foreclosures and the like from standard resale would look like. Are distressed homes apples, oranges, or living organisms? The first theory ...
The Great Unknown in Buying Foreclosure Property
What’s Behind Door Number Two: Make money quick! Invest pennies on the dollar! NOW is the time to buy up foreclosure properties! Your buyers see these sort of messages all the time, but is it really the right thing for them? Buying foreclosures can be a bit like gambling on a game show: What’s Behind Door Number Two? Over the ...
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Should appraisers take distressed properties into account as comps?
Are foreclosures the same as resale? With recent news from the Appraisal Institute that Nevada, Missouri, Maryland and Illinois are considering legislation barring appraisers from using distressed sales as comparables, some are pondering what a divorce between short sales, foreclosures and the like from standard resale would look like. Are distressed homes apples, oranges, or living organisms? The first theory ...
The Great Unknown in Buying Foreclosure Property
What’s Behind Door Number Two: Make money quick! Invest pennies on the dollar! NOW is the time to buy up foreclosure properties! Your buyers see these sort of messages all the time, but is it really the right thing for them? Buying foreclosures can be a bit like gambling on a game show: What’s Behind Door Number Two? Over the ...
Benn Rosales
Conal Campbell
Elijah May
Lani Rosales
Tara Steele
Marti Trewe
Charlene Jimenez
