The 34 New Residential Estate Property Management Regulations
There have been a staggering 34 new regulation changes introduced by the government in just 6 years affecting residential freehold and leasehold management agents and their estate management property services. And this list excludes any changes to employment law covering property services companies in employing (more…)
Homeowners today in neighborhoods across the country are facing financial strain due to the economy. This change in monetary status puts direct pressure on the board to consider actions as individuals continuously neglect to pay their fees. A certain amount of funding is required to maintain elements of a community, improve property values, and enhance resident safety. Significant (more…)
One mistake that Las Vegas real estate buyers often make is to forgo using the services of a qualified real estate agent. The reason many people do this is because they wish to save a few extra dollars. Unfortunately, it doesn’t always work out that way. Most people who don’t bother to find a good agent often lose money, sometimes without being aware of it.
One reason why you want (more…)
First settled by a widowed woman and her children in 1848, much has changed about Millcreek in the past 150 years. While the 2000 census recognized Millcreek as a small area of just 4.9 square miles, later consolidation ended up giving the 2010 census reading an area and population that has doubled in size. This consolidation saw Canyon Rim, East Millcreek and Mount Olympus added to the area of Millcreek, (more…)
Purchasing an existing home has its perks. If you wish to live in the city, land space is limited and is typically more expensive. Buying an existing home with a large lot will be less expensive then buying the same size lot and building on it. When it comes to the size of the home, don’t base the value on only the price per square foot. Because the price of construction materials (more…)
Over the course of my 30 plus year career in commercial property management and brokerage, I have worked for several different employers and numerous clients. Each of these individuals approached their business of commercial real estate from a slightly different angle. Some were very aggressive, others more passive, some were in the business for the money, others for the shear enjoyment (more…)
In order to understand commercial real estate values, you must understand how an appraiser professionally appraises a property. An appraiser is tasked with the responsibility of estimating or giving an opinion of the value of a commercial property. You can apply his or her techniques to estimate the value.
Comparable Sales Approach
The first and probably the easiest method (more…)
Bolingbrook is a village in the southwest Chicago suburbs. Located just south of Naperville, this town offers a suburban locale with all of the necessities one could want in a location. Although designated as a village, Bolingbrook is quite large in size. According to the 2010 census, this town had a population of 73,366. Whether you live here, work (more…)