In Commercial Real Estate, Always Get an MAI Certified Appraiser

The appraiser that you hire for your commercial investments before you buy can have a great impact on the amount of money you spend and your chances of getting funding from a lender. Most lenders will not accept just any appraiser. If you get an appraisal with an appraiser that a lender does not accept, [...]

In Real Estate Owned Properties, an Opportunity to Get a Real Cheap House

Real estate owned properties are those whose ownership is still held by the bank (or other real estate lender), in the aftermath of an unsuccessful foreclosure auction.Normally, when bankers and other lenders lent for real estate development purposes, they get the property they are financing as ’security’ for their loans. This is to say, in [...]