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A luxury 24-acre estate with six houses and 22 garage parking spaces may not meet most people's definition of a parsonage. But the tax code says otherwise—this one Texas home is turning heads after being listed on realtor.com for $15 million. Located in a Houston suburb, the property is the home of Bishop I.V. Hilliard and his wife, Pastor Bridget Hilliard. It belongs to New Light Church (also known as New Light Christian Center Church), a multi-site, Word of Faith megachurch that the Hilliards founded in 1984. The listing says the compound “boasts a lake stocked with trophy bass, a magazine worthy primary estate, five junior estates, a resort style pool with cabanas,” an office complex with a fitness center, and an owners' suite with a 25-foot high ceiling, and its own private exercise room and jacuzzi tub. Other features include two wet bars, a banquet hall, a home theater, a hair salon, and a commercial-grade kitchen. Appraised in 2023 at $7,966,887, the property would have incurred an estimated $152,168 in annual property taxes. But thanks to the parsonage tax exemption, the Hilliards and their church enjoy a tax liability most homeowners in their 28,000-member congregation can only dream of: zero. According to The Christian Post, in 2021 an attorney representing New Light Church told the Houston Chronicle the tax exemption was justified because the estate is used as a minister's retreat and conference center. However, this is not the first time the Hilliards, who teach a form of the so-called Prosperity Gospel, have made headlines for their lavish lifestyle and use of church donations. In 2013, Bishop Hilliard, who has an estimated net worth of $22 million, sparked criticism with a fundraiser mailing that asked supporters to donate $52 each to replace the blades of his helicopter. "I heard that still small voice of the Holy Spirit say 'tell your special partners who have special transportation needs' and their obedience will release favor for their needs and desires,” the letter read. "I believe with all my heart this message is for you and your doing something today is the key to releasing this favor on your transportation situation! Send me the transportation need or dream you have by completing the online petition when you sow a $52.00 transportation favor seed believing in 52 days or 52 weeks you will experience breakthrough favor!" Hilliard defended the letter, stressing the importance of the helicopter for serving the church's six campuses and denying he had made any “bogus claims, prophecies or guarantees promising the donor will receive their dream mode of transportation in 52 days or 52 weeks.” But one vocal critic, Pastor Saiko Woods of the now defunct His Word, His Way Fellowship Church in Sugar Land, Texas, argued, “I've seen this man's home. I've seen where he lives. You can't tell me you don't have $50,000 you can pay out of your own pocket.” As to why the parsonage has been put on the market, no statement has been released. New Light Church Parsonage / Realtor.com In 2018, Bishop Hilliard passed the mantle of senior pastor to his daughter Irishea Hilliard, who lives across the street from him in a home valued at $4.7 million. Another daughter, Tiny Hilliard Egan, lives across the street in a house valued at about $4.15 million. A third daughter, Kermeshea Hilliard Evans, is estranged from the family and wrote a memoir, Going to Church to Catch Hell, about growing up in the ministry. According to New Light's website, Bishop Hilliard and his wife continue to be active in the church, pursuing “passion projects” including Hilliard Faith University, Love City and B's Girls. The bishop's Facebook page indicates that he continues to do frequent speaking engagements, such as the recent Adventurous Faith seminar. New Light Church was once named by Church Report magazine as one of America's 50 most influential churches.
Check out this episode wherever you like to listen or watch podcasts! Episode Page: https://vinneychopra.com/podcast/ Youtube Part 1: https://youtu.be/N77jS3etOuY Youtube Part 2: https://youtu.be/YUAYPyYjBWc Spotify: https://spoti.fi/423B4fz iTunes: https://apple.co/3tQ9Tsf —— To learn more about how Vinney can help you, click here - https://linktr.ee/VinneySmileChopra Smile Always and Be Happy! -----
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These Join us every week as Patty Wilson & Scott CowartTalk passionately about the ever-changing real estate market!It's House Talk with a Happy Ending!www.jointhebrokerage.com - get your license with the US! Patty has partnered with Moseley Real Estate and offers real estate courses in person! Are you ready for your Florida Brokers license? We offer pre-licensing for Brokers!Executive Producer:Greg TishMusic by: 9-5 - Dolly PartonLove Is Alive - Gary WrightI Love The Nightlife - Alicia BridgesLet Your Love Flow - The Bellamy BrothersShe's a Bad Mama Jama - Carl CarltonHalftime (Stand UP and Get...)Ying Yang Twins, HomebwoiSomebody's Knockin'Good Day - Nappy Roots Get bonus content on Patreon Become a member at https://plus.acast.com/s/pattysplayhouse https://plus.acast.com/s/pattysplayhouse. Hosted on Acast. See acast.com/privacy for more information.
In recent years, Rav Asher Weiss published a landmark responsum (Minchas Asher 2:134) in which he issued signifcant halachic dispensations for one undergoing therapy for O.C.D. In this epsiode, we bring on Rabbi Dr. Saul Haimoff, a rabbi and clinical psychologist, to assess the metzius, the facts on the ground. To purchase his book, the Handbook of Torah and Mental Health, click here:https://www.amazon.com/Handbook-Torah-Mental-Health-Rosmarin/dp/1946351849
Zero To Diamond is a social media platform and free coaching program for real estate agents Mission statement: To reduce the failure rate in the real estate industry one agent at a time 1,000's of agents worldwide have doubled and tripled their business I am here to help you so DM on IG anytime: rickycarruth Join the movement: https://zerotodiamond.com
These Join us every week as Patty Wilson & Scott CowartTalk passionately about the ever-changing real estate market!It's House Talk with a Happy Ending!www.jointhebrokerage.com - get your license with the US! Patty has partnered with Moseley Real Estate and offers real estate courses in person! Are you ready for your Florida Brokers license? We offer pre-licensing for Brokers!Executive Producer:Greg TishMusic by: 9-5 - Dolly PartonLove Is Alive - Gary WrightI Love The Nightlife - Alicia BridgesLet Your Love Flow - The Bellamy BrothersShe's a Bad Mama Jama - Carl CarltonHalftime (Stand UP and Get...)Ying Yang Twins, HomebwoiSomebody's Knockin'Good Day - Nappy Roots Get bonus content on Patreon Become a member at https://plus.acast.com/s/pattysplayhouse https://plus.acast.com/s/pattysplayhouse. Hosted on Acast. See acast.com/privacy for more information.
Investing in Real Estate with Clayton Morris | Investing for Beginners
Investors are being told that if they want to get into the rental real estate business, they should buy a rental property above the appraised value. There are companies out there preying on investors by selling properties at a premium, retaining a percentage ownership, and charging for coaching or membership. This is a horrible idea, and on this episode I'm going to tell you why. On this episode of Investing in Real Estate, you're going to learn why you should never buy a rental property above the appraised value. I'll also share some red flags to look for when you're teaming up with a real estate company. Click play to hear my thoughts!
Gold ingots, retrieved from the ocean floor and appraised on America's favorite antiques show back in 1999 are now the subject of an international investigation. Apparently, which part of the ocean floor is a pretty big deal… Join host Adam Monahan to find out where these gold bars reside today!
If you're about to list your home for sale, you may be thinking about getting it appraised first. In this podcast, Ryan discusses several reasons why it's a good idea to get your home appraised before listing it for sale. Be sure & listen all the way to the end for a little surprise from Ryan! The Appraisal Cast is sponsored by The Guide To Appraisals series of E-Books: The Loan Officer's Guide to Appraisals The Realtor's Guide to Appraisals The Homeowner's Guide to Appraisals Check them out here: https://riverfrontappraisals.com/guides/
Today, Dawn explains the difference between the Central Appraisal District's appraised value and appraisal cap.
May 15 is the last day property owners can file a protest of their tax appraisals. Property tax valuations have been mailed by appraisal districts across Texas, and many property owners are finding their appraised values have gone up significantly. If you aren't satisfied with the appraised value assigned to your home or business property — or if there are errors about your property in the appraisal records — you can file a “notice of protest” with the Appraisal Review Board (ARB). These can be filed in person, by mail, or electronically; the deadline to file a protest is Monday,...Article Link
It is the dream scenario on GBH's Antiques Roadshow: your object is appraised for more than you ever imagined. But when that object is a beloved family treasure, do you keep or sell? This hypothetical becomes a reality for Theresa after she learns that her inherited New Orleans Art Pottery jardinière, which she personally kept safe during Hurricane Katrina, is worth thousands. Theresa joins host Adam Monahan as she shares her post-show journey and reveals her ultimate decision.
In this Laundry Session, Shyni and her boo thang Kimmah discuss a very important topic and more: Have you had your nigga appraised? How often do you do it? Do you do it together? In every relationship, we must consider if our partner is meeting most and/or all of our needs. Are we appraising ourselves? What are the basics? HelpMATE vs. HelpWEIGHT? How much reassurance is needed? It's chaotic but funny, let's sort is all out!! Support your host at www.lipsticklaundry.com for merch! "Drop your drawers" at thelipsticklaundrypodcast@gmail.com. Follow Shyni on IG and FB: @lipsticklaundrypodcast; Twitter: LipLaundry. --- Support this podcast: https://anchor.fm/lipstick-laundry/support
Get your Guide to Appraisals E-Book here: https://riverfrontappraisals.com/guides/
[Reverse Mortgage Daily] Does a $1 million HECM limit cut into private reverse mortgages? [Reverse Mortgage Daily] Draft FHA appraisal policy would give HECM applicants more choices when seeking the reconsideration of their home's appraised value [Forbes] The S&P 500 Lost More Than 18% In 2022: Should Retirees Be Worried?
With the holiday-cooking hurricane behind them—for now!—Dave and Chris take stock of how they weathered the storm. Appraised in the post-mortem: Dave's pie-making grade, how to make a turkey drink water, quadruple-decker puff pastry, bear-fat apple pie, the Josh Skenes potluck shock wave, 'Scarface'-ing the kitchen, forgetting your homemade feuilletine, guest list–cut day, Shandong chicken, Norman Rockwell meets Mama Chang, pancake revelations, and the excruciating beauty of brutal food honesty. Hosts: Dave Chang and Chris Ying Producers: Sasha Ashall and Jordan Bass Learn more about your ad choices. Visit podcastchoices.com/adchoices
Kathy Helbig with some tips about working with an appraiser, especially with a changing market. Begin your experience now: https://www.experience-re.com/
The AskJasonGelios Real Estate Show | Jason Gelios REALTOR | Author | Expert Media Contributor
Here are tips on getting more money for your home appraisal! Please be sure to like, comment and share! Got a real estate question? Share it in the comments below! Subscribe to Jason's YouTube channel: https://www.youtube.com/c/ItsAllAboutTheRealEstate Check out other episodes of The AskJasonGelios Real Estate Show Here: https://www.youtube.com/watch?v=MU7f-6MnAvo&list=PLiRVzHeT4hfc_zObdgb2_hpwyIj8qsej0 Follow on FB: https://www.facebook.com/jasongeliosrealtor/ In the press: https://www.itsallabouttherealestate.com/press.html Purchase Jason's real estate book: THINK LIKE A REALTOR® here: Amazon: https://www.amazon.com/Think-like-REALTOR%C2%AE-selling-residential/dp/0578448866/ref=sr_1_2?keywords=Think+like+a+realtor&qid=1559215969&s=gateway&sr=8-2 Barnes And Nobles Online: https://www.barnesandnoble.com/w/think-like-a-realtor-jason-gelios/1131000728?ean=9780578448862 Indiebound.org: https://www.indiebound.org/book/9780578448862 Signed real estate book copy requests: ItsAllAboutTheRealEstate.com Hire Jason Gelios At ItsAllAboutTheRealEstate.com Subscribe to VALUE PACKED Free e-newsletter here: https://www.itsallabouttherealestate.com/connect-with-jason-gelios.html Broker Disclosure: https://www.itsallabouttherealestate.com/connect-with-jason-gelios.html About Jason Gelios REALTOR® Jason Gelios is an award winning top producing REALTOR® in Southeast Michigan, Author of the real estate book ‘Think Like a REALTOR®: A little book about buying and selling residential real estate through the eyes of a REALTOR®, creator of The AskJasonGelios Real Estate Show, and an Expert Media Contributor of real estate expertise to outlets such as Money, Yahoo, Realtor.com, Bankrate and more. Jason educates aspiring home buyers, sellers and existing home owner's tips and real world knowledge to help achieve their real estate goals. Jason is also a local speaker educating home buyers on the process of purchasing a home. He is known for his transparent and honest way of representing buyers and sellers so that they have a deeper understanding of the process and walk away feeling valued.
Craquelure, brushstrokes, stamps, watermarks, patina… specialists — representing ranging from Old Masters to Prints and Multiples — reveal what exactly they're looking for, and why. --- Send in a voice message: https://anchor.fm/museofredfriedrich/message
Redlining still in full effect august 2022 --- Send in a voice message: https://anchor.fm/musingsofadivinefeminine/message Support this podcast: https://anchor.fm/musingsofadivinefeminine/support
This week on Appraiser Talk, Amy and Lisa tackle a personal property question regarding how an appraiser quotes their appraisal fee.
Luke Leissner, known locally in North Texas as "The Gun Guy", is a long time business owner and firearm expert. He runs not only a firearm appraisal company, but also a gun safety program. Luke has a passion for firearms and firearm safety. A strong supporter of the second amendment, Luke grew up hunting, fishing, and shooting guns with his family. This lifestyle heavily influenced Luke's passion for the outdoors and firearm safety. To find Luke and get involved in his program visit: https://whatismygunworth.com/ To learn more about Master Networks and how you can build a legacy beyond the business visit www.masternetworks.com
Welcome to the daily nugget, daily property insights across New Zealand, 7 days a week. 1 question, 20 minutes or less. Today's topic: One Real Estate Agent has appraised my property for a million, the other $800,000, who do I believe? Hosted by Lawrence Lotze and joined by Tom Rawson. For any details around Tom please head over to his website: www.tomrawson.co.nz
Archeologists have completed the ground-penetrating radar phase of the study at the site of the Pius X Mission School, now used as a municipal RV park in Skagway. The community-run health clinic's building and land have been assessed at $9.5 million for the potential sale to Southeast Alaska Regional Health Consortium, there will be a […] The post Skagway's Dahl Clinic gets appraised, ground-penetrating radar at mission school site wraps first appeared on KHNS Radio | KHNS FM.
Once Charles recovers from the desperate last-gasp action for Leeds United, Graham explores the somewhat confusing world of Yes as the Steve Howe-led prog rock band play York Barbican on June 22. After a hasty reassessment of Fontaines DC's third album, Skinty Fia, he takes a look afresh at Francis Ford Coppola's hugely influential 1983 teen movie Rumble Fish. Charles reviews the touring revival of Harold Pinter's bleak 1965 comedy The Homecoming at York Theatre Royal and Graham finishes with an update on his upcoming Charm gig with Karl Culley at Harrogate Theatre.
Today on Lloyd Goes Local, Lloyd heads to Kerikeri, where the local Hospice is running its own version of Antiques Roadshow as part of their weekend-long Antiques and Collectibles Fair. He's joined by Hospice Mid-Northland CEO Belinda Watkins. See omnystudio.com/listener for privacy information.
This week, Rachele and Cassandra unpack property values: SEV, Taxable Value, Appraised value, CMA value, the list goes on - and get into why none of these estimates are correct, but they are all accurate, with special guest Trena Urban, a residential appraiser with the City of Southfield.YOU KNOW We'll break it down for you.SO MANY QUESTIONS YOU DIDN'T EVEN KNOW TO WORRY ABOUT!!!Join us!Don't worry, Cassandra and I will over-explain everything & we'll take your questions - Post in the comments and we'll do our best to answer!Welcome to the AgentRx & CEO Lender Show.Rachele Evers Contacts:Website: https://therachele.kw.com/FB: @AgentRacheleIG: @agentracheleLN: https://www.linkedin.com/company/76600293/Phone: 810-923-5421Cassandra Evers Contacts:Website: www.ceolender.comFB: https://www.facebook.com/ceolenderEmail: cassandra@ceolender.comPhone: 269-207-2193 Guest LinksLearn more about Trena here!
In the second hour of "Connections with Evan Dawson" on Wednesday, March 16, 2022, guests discuss why Black-owned homes are under-appraised.
On JoCo on the Go, episode #128, hear from Johnson County Appraiser Beau Boisvert about the 2022 property assessments. Homeowners will soon receive their Notice of Appraised Value. Find out which areas in the county are seeing increases in their property values and by how much. We'll also talk about commercial property values and how those have been impacted by the ongoing pandemic.
'sup, just thinking...yes burn candle on end of ending modern-day redlining practices...but in the meantime, in between time. maybe a $50-$100 for the hour they sit it during a house appraisal? additional services with checklist of items to remove from home...in the meantime...obviously not intended to be a permanent situation but i don't think we should just sit and take $50,000...$100,000+ hit is undervalued property appraisal estimates just because...we'll see. app would feature virtual pre-appraisal tours: 30 minute walk thru with consultant who will go over list of items to remove from home before appraisal, can schedule 25 minute re-up to double check that you've removed or made corrections each tolken appraisal home-sitter will be trained in how to handle the appraisal visit, including how to present a list of upgrades you have done to the home (if applicable) on-going, blaccent items to remove from home before appraisal hair products and hair accessories (bonnets, afro picks, etc) family pictures drawings (black woman or of black couples or ethnic) figurines rugs w/ ethnic print couch blanket used for decor with ethnic prints pay attention to bed spreads (opt for neutral prints) if you have clothing that is "african attire", use a black trash bag over the handle of the hanger to cover them (appraisers can open closets as a part of the inspection process) remember to check the bathroom (curtain, decor, towels) CD's, DVDS...yep, remember to check entertainment center for visible items that may infer your ethnicity TOYS! put ethnic dolls and toys in a closed toy bin or see...garage box recommendation below Give careful consideration in moving these items to "the garage", plan on boxing items up since appraiser likely will assess garage as well. I'll come back and keep updating this! --- Send in a voice message: https://anchor.fm/musingsofadivinefeminine/message Support this podcast: https://anchor.fm/musingsofadivinefeminine/support
When students on the campus at the University of Pittsburgh are asked about Frosty the Snowman assuming gender, they admit that this could be a problem under current woke rules of sensitivity. Also, with property values skyrocketing everywhere, Leland examines the latest appraisal and assessment of the North Pole home of Santa Claus and all his elves and reindeer.
While Lunchbox was napping at the diamond mine in Arkansas, Abby did some digging of her own. She took her findings to get checked out and shared with us what she found. We Spin the Wheel and the loser must drink a bottle of turkey flavored soda. Amy is taking her daughter to see Garth Brooks but she's never listened to his music before. Bobby shares his Top 5 Garth Brooks songs for her to enjoy while at the show! Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Watch the full video here: https://youtu.be/okeZAz7XPIs
Due . to the number of protests filed by property owners in Wilson County, the Wilson . County Appraisal District has been granted . an extension by the state; instead of certifying . tax rolls for county taxing entities by . July 25, the appraisal district now has until . Sept. 1. The Texas . Comptroller Property Tax . Assistance Division granted the extension. This is because the appraisal district still had 5.68 percent of property-tax protests outstanding. To meet its July deadlines, that needed to be 5 percent or less. Taxing entities — such as school districts, the county,...Article Link
Let's put in a pool. Remodel the kitchen. Upgrade the bathroom hardware. Throughout the pandemic especially, people have been putting in some serious elbow grease into home renovation--but how much does this make a difference when selling a house? In this episode, host Maiclaire Bolton Smith is joined by the Appraiser Coach, Dustin Harris. He discusses the value of truth, the impact of appraisal bias and reveals the secret to increasing the appraised value of a home.
July 11, 2021 The post The Appraised Value of Your Soul appeared first on Crossview EFCA Church.
Here's what you can do if the house appraises below the sales price. Today I'm talking about appraisal concerns you might have. We're in a super hot market right now: Demand is high, supply is low, prices are rising, and occasionally we run into instances where a house will sell for more than the appraiser valued it. What happens in that situation, and what do you do as a buyer and a seller? Believe it or not, we're seeing some instances where buyers are buying homes regardless of the appraised value. Some are agreeing to pay a certain amount above the appraised value. An appraiser will come up with a valuation based on other sales in the area, and that poses part of the problem. The appraisal is based on history and homes that have sold in the past. In a rising market, prices are going up, so when you're looking backward, the prices are a little bit lower than what's selling today. “We're seeing buyers buying homes regardless of the appraised value.” In today's market, three things can happen if the house appraises low: 1. The buyer can renegotiate the price. If you go under contract for $400,000 and the house appraises at $390,000, you can go to the sellers and negotiate to pay $390,000. As a seller, you have the option to drop to $390,000 or you can stay at the contracted $400,000. 2. The buyer has the option of canceling that contract if it doesn't appraise. You can walk away if the seller refuses to drop that price. 3. The buyer agrees to pay the additional money as cash at closing. The bank will finance the house based on $390,000. That can make a big difference if that buyer is putting 3% down on a $400,000 house—that's $12,000. If they have to bring another $10,000, that's quite a big difference. If you're a negotiating seller and there's an appraisal contingency, it's less of a concern if they're making a large down payment. If you have any questions, please reach out to me at (706) 621-6085. Have a great day.
Questions? Comments? We love feedback! Email us at info@baishavaad.org
Bob Rose returns to the show to continue the conversation about Zack Snyder that began with Snyder's Man of Steel, Dawn of Justice, and the Justice League Snydercut. Army of the Dead is a spirtual companion to Snyder's Dawn of the Dead from 2004 - written by James Gunn. SUBSCRIBE TO Bob Rose - https://www.youtube.com/user/snlfarley SUBSCRIBE TO Thundergrunt - https://www.youtube.com/channel/UCdvZsTd5gfA-P8Q6fI47jbQ WAYS TO SUPPORT: If ya feel like supporting this channel by buying me a cup of coffee, you can right here! https://ko-fi.com/frumessfilmsllc JOIN THE PATREON FOR LESS THAN 2 BUCKS: LESS THAN A CUP OF COFFEE!! - https://www.patreon.com/Frumess FOR THE VIDEO GO TO: www.youtube.com/c/FrumessFilmsLLC Misfits fans are the Star Wars nerds of the music world... Filmmaker and Podcaster Jeff Frumess revels in all things that are pop culture, ESPECIALLY Misfits, Samhain, Danzig as he scrutinizes over the history and minutiae of Glenn Danzig, Jerry Only, Doyle Wolfgang Von Frankenstein, and other's artistic endeavors as well as all things adjacent. PLEASE NOTE: This podcast IS SOURCED from the UNEDITED audio created from video live podcast streams from the Frumess channel on youtube and comes from the Streaming eviLIVE Show. Something that will change in the future. https://linktr.ee/FRUMESS --- Support this podcast: https://anchor.fm/frumess/support
Join Lisa and Amy as they host another special episode discussion on hot topics in the appraisal industry. In this episode, they talk about bidding wars and what consumers need to know if an appraised value is lower than the offer they put in on a home.
Market value. Replacement value. Reconstruction value. Assessed value. Appraised value. The real estate ecosystem is filled with hundreds of similar-sounding names, with similar-sounding purposes, and even seasoned professionals get them confused. In this episode, Core Conversations host Maiclaire Bolton Smith chats with valuations expert Sherrie Clevenger to get to the bottom of this matter: what do all of these values mean? And how do we ensure they're accurate?
I hold the macaroni in the palm of one hand, a single uncooked noodle, and have no idea what to do with it. I know it is for something. It must be for something. I know that people, with noodles, do something.
#015 - Let's talk about real estate appraisals! Should you hire an appraiser before you sell your home? What are the issues regarding home appraisals? In this episode John reveals some inside information about the data that is used by appraisers when a valuation is given on a property. https://www.innovativeproperties.com/should-you-get-your-home-appraised-before-you-sell/Call in Your Real Estate QuestionsAsk any real estate related questions on my audio voice message hotline.Call 678-288-4181 and voice your question.I'll answer it on a future podcast episode.Subscribe to the Agent On Duty PodcastPlease subscribe to this podcast.Access the Agent On Duty podcast blog show notes to all episodes:https://www.innovativeproperties.com/podcast/Support the show - Buy me a coffee.https://www.buymeacoffee.com/johnmarion
In this 51st episode we explore the difference between Market Value & Appraised value and why that matters to both buyers & sellers
In this episode of The Wolf’s Den, JB meets Jason Oppenheim, a real estate agent, from Netflix’s Selling Sunset. While Netflix may have helped him become a household name, Jason and the Oppenheim Group have been synonymous with high quality service for years. He’s afforded his dream life by selling other’s their dream homes. And he’s here to tell you exactly how he closed the deal on his successful life. You’re not gonna wanna miss this!SPONSORED BY:HEADSPACE: headspace.com/wolfsdenMELON: melonapp.com/wolfSUBSCRIBE TO JB'S YOUTUBE CHANNEL: https://bit.ly/3iQ3C4uLISTEN TO THE WOLF’S DEN ON:ITUNES: https://apple.co/2lbYTSESPOTIFY: https://spoti.fi/2kGDosVCASTBOX: http://bit.ly/2ngKUvrSTITCHER: http://bit.ly/2kvasE6FOLLOW JB:INSTAGRAM: https://bit.ly/2Fj4jSzFACEBOOK: https://bit.ly/2Kr2bMOTWITTER: https://bit.ly/2Xub1j7LINKEDIN: https://bit.ly/3175M9HCAMEO: https://bit.ly/2FC0tHdTIKTOK: https://bit.ly/2Yfcp86#JordanBelfort #JasonOppenheim #WolfOfWallStreet #TheWolfsDen@jasonoppenheim @netflix @sellingsunsetnetflix @theoppenheimgroup
Here’s what sellers can do to deal with a low appraisal. Buying a home? Click here to perform a full home searchClick here to search our new construction homes.Selling a home? Click here for a FREE Home Price Evaluation Check out and subscribe to my YouTube channel! If you’re a seller, what if your home’s appraised value doesn’t meet its contract price? With the market being so hot and so many multiple-offer situations happening, we’re seeing a lot of this right now. The first thing you want to do in this situation is look over the appraisal and check for any errors. Appraisers are super busy, so it could be something as small as having the wrong address or the wrong square footage. If everything checks out, your next option is to have your agent file a rebuttal. This rebuttal should include all the latest comps from your neighborhood and an explanation as to why you don’t think the appraisal is correct. After you’ve made sure everything’s been done correctly, send this rebuttal to the lender. From there, they’ll take a look at it and see what they can come up with.Appraisers are super busy, so it could be something as small as having the wrong address or the wrong square footage. If that doesn’t work, your last option is to renegotiate the price with the buyer and come up with terms that satisfy both parties. As always, if you have questions about this or any real estate topic or are thinking of buying a home soon, don’t hesitate to reach out to me. I’m happy to help.
Quality strongman...
This week, we have a special interview with Michael Osacky, an appraisal pro for PSA Authentication. Should you get your items appraised? Why is it important to get sports memorabilia and cards appraised? All these questions answered and more, on this episode of the Powers Sports Memorabilia Show.Website: https://www.powerssportsmemorabilia.comInstagram: https://www.instagram.com/powersautographsFacebook: https://www.facebook.com/PowersCollectiblesTwitter: https://twitter.com/powersco
This episode we're talking to Keenan Haag, also known as LZRD. Keenan, the electronic mastermind, has amassed over 140 million+ streams online including several Billboard features. He earned praise from industry titans like The Chainsmokers, and has landed them official remix opportunities with superstars like Rihanna. Keenan is a powerhouse and we expect nothing more than big things from LZRD so let's hop on in here to see how he chooses to Sip N Venture and how he continues to rise to the top. Check out LZRD on Apple Music, Spotify and Soundcloud @official_lzrd --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
In this episode of Discount Property Investor David is joined by Matthew Sullivan, the founder and CEO of QuantmRE a veteran in real estate investing and business. QuantmRE, a game changing tool for homeowners and investors, Checkout how QuantmRE has to offer in unlocking the equity of your home.Services Mentionedhttps://www.quantmre.com/http://dpipodcast.com/toolkit/For a full QuantmRe Overview checkout the details down below To get started in Wholesaling Real Estate start learning at http://www.FreeWholesaleCourse.com Check out the “TOOL KIT“ to see more products and services that David and Mike use to Wholesale 10+ houses a month.For A Wholesale Step by Step + Simple Systems check out the FREE Wholesale Blueprint: freewholesaleblueprint.comAs always If you liked what you heard please help us grow by adding a review. Your reviews help us rank higher and reach more people. Thank you! Talk to you soon.Check out the “TOOL KIT“ here http://dpipodcast.com/toolkit/ ”QuantmRE Details:HOME EQUITY AGREEMENTSExample: ARV 650K - Appraised250K debt 400K = EquityThey can invest up to 20% of the value of your home!Part 1 - 650 * . 20 = 130KPart 2 - 250 + 130 = 380 (needs to 70% or less of the Appraised value)70% of ARV or 650 = 455K380 is less than 455K so it's good to go!!States -> 15 States and Growing (not too rural)The process takes about 4-6 weeks (gather info about the home the mortgage and the owner)Credit score only needs to around 550...So once I'm approved they send an OPTION Agreement (lien on the property)- When you sell your home ANYTIME OVER THE NEXT 30 Years!!- The amount that they share in the increase of the value - Scenario 1 - sells at the same amount that it appraised at the time we start working together.- Scenario 2 - Sells at a lower price : - Scenario 3 - Above. 550 - 750 - 200Home Equity Agreement -> They keep 60% of the appreciation @ 20% - investment or 30% appreciaiton on 10% Investment. Multiplier of 3.- They have an ROI cap -> 15-18%- Agreement is Transferable - up to 30 years. (loan become due after 30 years) Buyback the agreement ANYTIME without PENALTY This is a VALID option to get $$ if someone has BAD Credit :)They work with rental/investment properties too!!* Could be a great way to get out of FORECLOSURE!! What are the charges - NO UPFRONT FEE'S. No out of pocket expenses... 1 time charge of 3% + the costs Title / taxes / Apprails / insepection. (THAT COMES OUT OF WHAT THEY WLL LEND YOU)Matthew SullivanQuantmRE.com- Ebook / Calculator /
The Appraisal Update - the official podcast of Appraiser eLearning
You as the appraiser do the right thing: You appraise the subject property for what it is worth. The opinion of market value is less than the sales agreement. A week later the client or AMC asks you to analyze the new sales agreement. How do you handle this? Do you do it or just say no? Keep in mind this new agreement was not in place as of the effective date of the appraisal. Listen in as Bryan provides some guidance on this popular (necessary or unnecessary?) revision request.
Welcome to Episode 14 in my Series REAL ESTATE INVESTING IN NEW YORK!!YOU CAN ALSO VIEW THIS EPISODE ON YOUTUBE: https://www.youtube.com/watch?v=0Tc60UJ0spg&t=3s In this Episode, I’m explaining how Appraisals have become an issue in this new ‘Covid environment”. Scroll down for the notes! Don’t miss Episode 15, which will be a bit more personal (by popular demand!). I’ll be talking about how I transitioned careers into real estate, how I started my career and tips for anyone who may be interested in getting into the industry. If you ever have Real Estate related questions, feel free to Email me anytime: christina.Kremidas@elliman.com Follow me on instagram: @downtownnative Discover the value of your home: https://bit.ly/2Z91OLE Please subscribe to this channel and turn on notifications (click the bell icon) so you can keep up with the episodes I post! Notes on this Episode: The Appraisal is only done when you are getting a mortgage to purchase the property. It is the Bank’s way of confirming that the price you are paying for the property is not more than the market value. The Bank sends an Appraiser to the property to check the overall condition, size, features and amenities, and compares their findings against recent comparable sales to come up with a property value. If you are getting a mortgage, there is an amount of money that you plan to put down in cash, and the remainder of the price of the property is covered under financing For example, if you are buying a property worth $1M, and you plan to put down 20% and finance the remaining 80%, then you will be putting down $200,000 of your own money in cash, and the bank will be going you $800,000. This also means that the Loan to Value Ratio from the bank is 80%. However, the Bank will only lend you that 80% of the APPRAISED value of the property, NOT the price that you were willing to pay for it So what happens when the bank is not willing to give you the full amount that you need? Ultimately, if you want the property, you need to figure out how to come up with the balance owed. Technically, if your contract has a mortgage contingency, since the bank is unable to lend you the full amount you are allowed to walk away from the deal and get your contract deposit back. You can try to re-negotiate the purchase price with the seller and see if they will accept less, and keep the deal moving.If the seller refuses, and you do not have the cash to come up with the balance, you need to see if the bank can lend more funds than they previously agreed to. How has Covid made this even more complicated? In certain areas, Covid has property values all over the place Some people wanted to sell hastily, and were willing to take a loss on their apartment, throwing off the rest of the comparables in the building and in the neighborhood. Banks also became more conservative with their appraisals simply because they are hesitant to take on any extra risk during this time. When does a low appraisal NOT put financing in jeopardy? When a buyer is able to put down more than 20% in cash, they are much more appealing to a Seller because a low appraisal is much less of a threat to the deal. Please rate and share this podcast if you've been finding it helpful! I am immensely grateful!
Getting your listing appraised? A good or bad idea?
Lunchbox found a buffalo nickel on the street by his house. Apparently, certain buffalo nickels are worth a lot of money like in the thousands of dollars. So we brought on Kyle from Nashville Gold & Coin to appraise Lunchbox's coin to see if it was worth the thousands of dollars Lunchbox was claiming. The show gives Bobby a tough time for the Valentine’s Day plans he made for his girlfriend. Plus, Lunchbox brought in his list of baby names that were rejected by his wife…so we pick the one we like the best! Learn more about your ad-choices at https://news.iheart.com/podcast-advertisers
In this episode of Simplifying Real Estate Chantry is joined by Carl Wright (Co-owner of R1 Appraisal) With over 25,000 appraisals under his belt they discuss how the home appraisal process works and clearing up some misconceptions. They also goes over home evaluations, CMA's (cost market analysis), solar panels and additions. Be sure to subscribe to the show! Thank you
This episode Cleve focuses on The Shoals at Arbor Hills, a neighborhood in Canton, GA. Learn about what's going on in their neighborhood and your own on YourMoveAtlanta.com Nancy from Duluth asks, "how important is square footage in appraised value? Are condition and updates more important?
The AskJasonGelios Real Estate Show | Jason Gelios REALTOR | Author | Expert Media Contributor
In this episode REALTOR®/Author Jason Gelios shares the differences between an appraised value and the assessed value. Please like, comment and share! Subscribe to Jason's channel: https://youtu.be/aWr89bs_rBo Check out other episodes of The AskJasonGelios Real Estate Show Here: https://www.youtube.com/watch?v=MU7f-6MnAvo&list=PLiRVzHeT4hfc_zObdgb2_hpwyIj8qsej0 Follow on FB: https://www.facebook.com/jasongeliosrealtor/ Purchase my book: THINK LIKE A REALTOR® here: Amazon:https://www.amazon.com/Think-like-REALTOR%C2%AE-selling-residential/dp/0578448866/ref=sr_1_2?keywords=Think+like+a+realtor&qid=1559215969&s=gateway&sr=8-2 Barnes And Nobles Online: https://www.barnesandnoble.com/w/think-like-a-realtor-jason-gelios/1131000728?ean=9780578448862 Indiebound.org: https://www.indiebound.org/book/9780578448862 Signed copy requests: ItsAllAboutTheRealEstate.com Hire Jason Gelios At ItsAllAboutTheRealEstate.com Subscribe to my monthly e-newsletter: https://www.itsallabouttherealestate.com/connect-with-jason-gelios.html Broker Disclosure: https://www.itsallabouttherealestate.com/connect-with-jason-gelios.html About Jason Gelios REALTOR® Jason Gelios is an award winning top producing REALTOR® serving SouthEast Michigan. Buying or selling real estate is a very important decision and probably the largest financial decision you will ever make. This can have a lasting impact on your life. Whether you are purchasing for the first time or planning to sell your existing home, Jason will help you navigate through the entire process to keep it as simple and stress free as possible while helping you achieve your goals. Jason Gelios is well supported by a team of financial and legal experts, qualified home inspectors, appraisers and other professionals if needed. "I'm confident you will enjoy my professional and enthusiastic style of doing business and my knowledge of the real estate market!"
On The Rampage w/ Don Lichterman discusses the #7 ranked Maryland Terrapin Men's Basketball team along with talking about the upcoming season and about it's opening tonight vs Holy Cross. Also, besides wanting to bash it, why does Rand Paul, the Trump Administration and the Republican Party want to know the name of the so called whistleblower and why are they lobbying so hard to get that information? Acclaimed actor and animal rights activist James Cromwell was arrested after interrupting a meeting at Texas A&M. He took a stand for the HUNDREDS of puppies and dogs tormented in canine muscular dystrophy experiments by shouting for TAMU to SHUT THE DOG LAB DOWN! And, I spent FOUR (4) hours while new house is getting inspected and appraised yesterday afternoon!
Have you ever had your home appraised? Was the appraiser's opinion of value lower than you anticipated. What if you have solid evidence that supports a higher opinion of value? What can you do about it? I discuss it in this podcast.
On the October 29 London Live podcast: The Teal Pumpkin Project with Casandra Whiteside and daughter Sienna who has food allergies Knights complete goalie swap with Sarnia Sting with London Knights associate general manager Rob Simpson Getting your memorabilia appraised at the Canadian Baseball Hall of Fame with Scott Crawford, director of operations. Are full body scanners the best way to detect health issues? with Dr. Mario Elia
The answer is yes, but it comes with a caveat. Listen to make sure you are USPAP Compliant
Listen to a panel of top global experts discuss determining the appraised value of your assets as you hold your domain name assets. Separately, they discuss determining the monetization value: both in what you can draw from the held asset, and what you can expect the market to actually bear at the time of sale. Ammar Kubba, Joe Styler, Andrew Rosener & Morgan Linton join Braden Pollock at NamesCon Europe for an informative conversation.
In this episode, Len Johnson discusses what an appraisal is; an appraisal is one person’s opinion but is based on specific guidelines. Appraisers do not take figures out of the sky; they figure in square feet and other amenities. An appraisal will give you the market value, getting your home pre-appraised will ensure you are getting the correct value. You do not want to list the house too high or too low. Realtors are excellent at marketing, but not at valuation. Your appraiser will know what the homes around your area have sold for. For example, Len did an appraisal, and the homeowner did not understand why her house was not worth the same as her neighbors. After Len’s appraisal, the homeowner found out that her home was 400 square feet smaller than the others. Most realtors get the listing price wrong; they are surprised at the square footage adjustments and pricing with the comparable. Realtors never drive by the comparable and do not know how to make the adjustments. Also, realtors tend to listen to the homeowner, and the homeowner always thinks their listing is worth more than it truly is. Then, Len gives examples of how to add value to your home. For instance, Len says a homeowner had grapevine wall border in their kitchen. Len explained the wall border was not what people are looking for, you want to make your house most presentable to the largest selection of potential buyers. Another homeowner mistake was when every room in the house was painted grey. Later, Len explains what a purchase short is. A purchase short is when a home is under contract, and the appraisal comes short of the contract price. The appraiser knows what the contract price is before appraising. If you believe the appraisal is wrong, there is always the option to rebuttal and get the home looked at again. The bank is the final decision on what the appraisal will be. If the bank feels that the appraisal is not correct, they can review it with another appraiser who may or may not come up with their own value. Len does reviews, he goes through the entire appraisal and often comes up with a completely different value. Another option is to get a new appraiser. Enjoy the show! IN THIS EPISODE: [02:30] Getting your house pre-appraised [05:25] Most realtors get the price wrong [09:00] Getting more value for your home [11:45] Len reviews appraisals from across the country [15:50] Rebuttals are for refuting the appraisal [19:20] The housing market peaks and drops [22:45] FHA guidelines [26:30] Tell the appraiser about upgrades and replacements CONTACT LEN: Website: https://www.johnsonappraisal.com Call: 480-782-9291 E-mail: johnsonappraisalgroup@gmail.com QUOTES: “Sometimes realtors do not want to tell the homeowner what they really think the value is.” “If the appraiser is unwilling to change, the ultimate final decision is always the bank.” “The bad part of new construction is it will set the upper limits of the market.”
The #AI Eye: Gopher ( OTCQB: GOPH) Completes Initial Testing for Avant! AI Mobile App and Wipro (NYSE: WIT) Appraised at Maturity Level 5 in CMMI Development View
The #AI Eye: Gopher ( OTCQB: GOPH) Completes Initial Testing for Avant! AI Mobile App and Wipro (NYSE: WIT) Appraised at Maturity Level 5 in CMMI Development View
What is the difference between appraised value and market value in residential real estate? Mark Schreier Licensed Sales Person with Century 21 American Homes Real Estate and Scott Loyer Certified Appraiser and President of Connect Appraisal give you answers in a homeowner friendly way. Questions please reach out to us via the urls below. www.connectappraisal.com www.markschreier.com
Today I am explaining the differences between the three types of values that your home is assigned. What is the difference between assessed value, appraised value, and market value? First, let’s talk about assessed value. The City of Calgary assesses homes using an algorithm. When a property sells, they use this to help calculate what the nearby properties are worth. By looking at the most recent sales, they can extrapolate what you’ll be paying in taxes based on those other properties. Your property may not have sold, so they do not know the true market value and therefore go by similar properties. Now, let’s look at appraised value. An appraiser will have more recent sales, so they will look at a property that sold recently as a comparable for another. By doing this, they can know whether you paid too much or if you got a great deal. An appraiser also takes things like view and other factors and adjusts for it. What an appraiser does not take into account is what is currently happening inside of the market. They only look at what happened in the past. If a market is going up, a property may be worth more than another within a month. Meanwhile, if a market is going down, the property may be worth less. “Real estate is not a perfect market like the stock market, where you can look at the price and what it is is what you pay.” This is where market value comes in. We look at supply and demand and see what is happening with the competition. These are the biggest differences between the three different types of value. Real estate is not a perfect market like the stock market. A seller may be motivated, so they may accept less money than what it is worth, or a buyer may be willing to pay more because they missed out on other places previously. If you have any questions or are interested in buying or selling, please feel free to reach out to me. I would be happy to help you solve your problems and realize your dreams.
In this episode, we talked about the difference between perceived value and appraised value. Before we buy a house to fix and flip we analyze the market to see how much we can sell it for and what updates will get us the most return for our money. In doing so we have learned that there sometimes is a BIG difference between perceived value and appraised value. You will hear about one that had an $80K+ difference! Perceived Value is what someone who is buying the house values the house. Here is where the colors, style of floors, cabinet finish, and curb appeal make the difference. Appraised Value is what an appraiser will value the house at. Keep in mind that this is their OPINION! But, that doesn't stop some idiot from screwing up your deal like they did ours. Just because a future homeowner is willing to pay $200K does not mean it will appraise for $200K. The opposite is also true, just because the house appraises for $200K doesn't mean that someone is willing to pay $200K for what you did. Enjoy! Keep sending us your questions! @prymehomes If you find anything valuable please help us spread the word! Any questions email jon@prymehomes.com
In a market like ours where prices have gone up pretty steadily, the appraised value and market value of a home can be two totally different things. It’s very important you understand the difference between them and how it might impact your transaction as a buyer or a seller. Let’s start with market value. Market value is the value that’s arrived at between a buyer and a seller when neither is operating under duress and they’re negotiating openly. Let’s say a homeowner has their home listed at $750,000, the buyer makes an offer, they negotiate back and forth, and they finally agree on a price of $735,000. That’s the market value of that home. The appraised value is the value an appraiser arrives at by looking at the home and all its features, and then looking at other comparable homes that have sold recently. They adjust those other values and apply them to the subject home. The reason why this can differ from market value is that, in a rapidly moving market, the appraiser is looking at data that could be three-to-six months old, whereas a buyer is shopping in the current market. I feel that market value is the most accurate value for a property because it represents what’s going on at the time of the offer and what the buyer and seller have agreed upon. “I feel that market value is the most accurate value for a property.” This distinction is important if you’re a home seller because most buyers will pay with a loan, and the lender supplying that loan will have an appraisal done to verify that they’re not loaning more than what the property is worth. The appraisal is mandatory—the lender won’t give the loan unless the appraisal comes in. As a seller, you want your home to appraise. As a buyer, you need the appraisal in order to receive your loan. It’s important for both sides. If the appraisal comes in low, there are a few ways in which both parties can proceed. The buyer can bring in cash to bridge the gap between the appraised value and their offer amount, the seller can reduce the price, or they can meet somewhere in the middle. Each side can also choose to do nothing, in which case the transaction would fall apart. So remember—an appraised value is an appraiser’s opinion of the value of a home that’s based on data that’s three-to-six months in the past, whereas market value is what a willing buyer and seller agree on at the time the contract is signed. If you have any more questions about this topic or you’re curious about what’s going on in our San Diego market, don’t hesitate to give me a call or shoot me an email. I’d be happy to help you.
Northeast Florida Real Estate Tips for Buyers and Sellers by Chris Snow
A common question I’m asked is, “Should I get my home appraised?” Today I’ve laid out of the pros and cons of getting an appraisal up front.Buying a home? Click here to search Northeast FL homes. Selling a home? Click here to use our FREE home evaluation tool.Call us at (904)-250-0805 for a FREE home buying or selling consultation.There are many sellers out there who are preparing their homes for the market, and they ask me, “Should I get my home appraised before I list it?” I have a list of pros and cons to help you make that decision. First, what is an appraisal? An appraisal is a third-party opinion of the value of the property and is coming from a certified appraiser— a licensed professional who comes out and takes any sales that have happened in the last 12 months in a certain area. They then also make adjustments for bedrooms, bathrooms, and any other unique features to the house.The typical cost of an appraisal is between $300 and $500, depending on the complexity of the appraisal. One way an appraisal can become complex is if it’s a brand new construction home. They’ll certify it one way if it isn’t a resale, but if it is, they’ll certify the value a different way.The typical cost of an appraisal is going to be between $300 and $500. A key benefit to getting the appraisal done up front is that it can let you know a price point where you can start marketing your property. Then you won’t have an issue on the back side when it goes under contract and you already know what it could appraise for.Another benefit is appraisals remove some risk for the buyer when done up front. Buyers feel more comfortable that the value can be proven when looking at the home.The downside of having an appraisal done up front is that it only proves the value of your home on paper. It doesn’t take into account what someone is actually willing to pay for your property, or how the market will be when you list your home. A lot of times we find that the market value and the appraised value never match one another, so you’re taking a risk—and maybe even setting yourself up for failure if your appraised value is much higher than what the market is willing to pay.If you have any questions about this or any other real estate topic, or you’re looking to buy or sell a home, please give me a call. I’d be happy to help!
Listen to this, especially if you do not own real estate, or don’t think you should. You’ll learn how a missionary fresh off Haiti acquired over 100 units in 3 short years. In this episode, Jim interviews Bill Manassero, real estate investor, baby boomer, and real estate podcaster. Founder of the Old Dawg’s REI Network, host of the Old Dawgs Real Estate Network Podcast and Executive Director/President of Child Hope International, Bill has set the audacious goal of owning 1000 doors in 6 years. Currently, in year 3, he has already managed to own 100 doors. Bill shares his real estate journey—beginning with his very first purchases that were out of state to where he is today. He discusses how he scaled up by taking on mortgages or “good debt” and explains why he advocates for investing in multi-family homes as opposed to single-family homes. Bill urges all baby boomers to consider real estate investing as a way to fund their retirement. Tune in as Bill shares some of the hacks he’s learned along the way so that you can yield amazing cash flow from your investment property as soon as possible! Time Stamped Show Notes: ● 00:37 – Drying up that cash flow is a predicament that many boomers face; this is a fact discussed by Todd Tresidder in Episode 32 and Jordan Goodman in Episode 18 ● 01:07 – However, some people have lifetime pensions and no financial worries ● 01:16 – A couple of market haircuts might mean that even $1 million in savings may not be enough for retirement ● 01:37 – Jim recently closed on a duplex and was speaking with a home inspector o 01:43 – Found out that the home inspector owned 15 rental properties o 01:58 – When the market crashed, his real estate holding dropped like everyone else’s; however, his rental checks started coming in with increased regularity ● 02:23 – Today’s guest, Bill Manassero, is a baby boomer, real estate investor and real estate podcaster with a goal of owning 1000 doors ● 02:58 – Bill worked as a missionary in Haiti 12 years back o 04:01 – Towards the end of his stint, Bill left with no retirement benefits and was wondering what to do next o 04:25 – Was keen on becoming an entrepreneur since he wanted to enjoy his retirement years with his wife, kids, and grandkids. o 04:38 – Inspired by the likes of John Lee Dumas, he ventured into the world of internet by selling Amazon’s stuff on EBay o 05:10 – Was making decent money, but then got kicked out of EBay due to a couple of bad reviews o 06:02 – Invested his inheritance into 5 properties in Memphis and Atlanta o 06:58 – On the back of his initial success, invested in another duplex in Indianapolis o 07:17 – Still associated with Child Hope International based in Haiti; set a goal of 1000 units by the end of year 6 with the goal of benefiting this non-profit o 07:41 – Simple strategy of doubling units every years; has managed to reach 100 units at the end of year 3 ● 08:30 – Started blogging his real estate story which slowly evolved into a podcast; aiming to help people who are approaching retirement or already in retirement ● 09:40 – Purchased his first three properties in cash; realized that if he wished to grow further, he had to take up mortgages, which is “good debt” ● 11:02 – Aims to make a cash flow amount of $100 per door ● 12:10 – Inflation means that a dollar today will be worth less in the future; investing in real estate is a great way to counter inflation ● 12:49 – While some stocks might totally dissolve in value in a tough market, that is not the case with real estate o 13:17 – No matter how bad the economy is, people will always need a place to stay o 14:02 – Real estate is a tangible asset, and historically values have always gone up in real estate ● 14:37 – Define your needs in order to zero in on a property investment; if you need $200-$1,000 more, consider a single family home, duplex or fourplex o 14:56 – Apartments are a way to get to a high-income level quickly ● 15:17 – Ended up paying the same amount for the duplex as two single family homes but got twice as much rent; single property tax and low maintenance were the other perks ● 15:32 – Started investing in multi-family homes to exploit economies of scale ● 17:00 – 4 steps to invest in property: o 17:06 – Education is the first step; know what you are buying and where you are buying ▪ 07:14 – Do not buy in a market that is on the decline; buy in a market where jobs are being created and there is demand for housing ▪ 17:29 – Know the kind of property you want to get, and what you hope to get out of that ▪ 17:44 – Know what you are buying, and what you should be paying for the property ▪ 17:52 – Not recommended to buy a turnkey property since you end up paying a premium; no guarantee if the property manager is any good o 18:23 – Find a mentor who will help you build a rental portfolio o 18:39 – Determine how much money you need to set aside, create a plan about the amount of money you need to set aside and the properties that you need to buy o 18:55 – Step in there and take action ● 19:38 – Your education is put to good use after purchasing a property as you need to find tenants and deal with taxes ● 20:45 – Bill is based in California but owns properties in Memphis, Atlanta, and Minneapolis o 20:55 – Better to find a property in your own neighborhood o 21:35 – California is a speculative market and not right for someone looking for a good cash flow o 21:56 – Tennessee is a big commercial hub; great demand and duplex prices as low as $30,000 renders it a good market o 22:22 – Zillow estimate for the Minneapolis property that Bill purchased for $55,000 is currently $150,000 ▪ 23:02 – Rents out this property at $2,200 per month ▪ 23:56 – After having the property vacant for six months, was able to get a good property manager and subsequently tenants through BiggerPockets ● 26:10 – Bill talks about his experience purchasing a 22 unit complex in his second year o 26:25 – Found a 22 unit apartment property on Loopnet selling for $400,000 o 27:53 – Offered $370,000 and ended up getting the property for $350,000 after inspection o 28:02 – Appraised value by bank was $400,000 o 28:24 – 30% down payment was required due to Bill’s poor credit history o 29:06 – A multi-family home consisting of more than 5 units is looked upon as a business plan o 29:39 – After refurbishing the property, the value of the property has doubled ● 31:48 – Top reasons for boomers to invest in real estate o 31:50 – Strive to arrive on accurate valuations and driving up passive income o 32:08 – Bill’s properties are located in other states; recommends a passive investment approach where the property manager is the one dealing with the daily grind ▪ 33:04 – Finding a good property manager is critical for out of state investors ● 33:16 – Open your properties under LLC to protect your other properties and personal assets; matters are generally settled between the tenant and the insurance provider and an out of state investor is completely out of the picture o 33:50 – If the tenant knows you, they are more apt to go for your personal assets in the event of a lawsuit ● 37:34 – Looking back, Bill would have slowed down a bit and found time to listen to people a bit more ● 38:41 – Connect with Bill through his email ● 39:01 – Check out the Child Hope website to know more about how they are helping children in Haiti ● 39:53 – The Old Dawgs Real Estate Network Podcast is geared towards 50 plus individuals looking to invest in real estate ● 40:21 – For Bill, investing in real estate is a way of helping out the kids in Haiti, visiting different places, and giving his daughters the marriages of their dreams ● 41:50 – Just because you are retired does not mean that it is over o 42:09 – Bill started investing in real estate at the age of 60 and is loving every minute of it; real estate investing is like a hobby that reaps great rewards ● 42:39 – In Planet Boomerville, we know that life is just beginning, and the whole idea is that this part of life is to be as good or better than the prior life ● 43:40 – Jim Enright’s sign-off message: Be stellar, and live life lively ● 43:50 – Spread the word with your baby boomer friends in person and on Facebook—Teach them how to listen to podcasts and how to subscribe 3 Key Points: 1. Do not buy in a market that is on the decline; buy in a market where jobs are being created and there is demand for housing. 2. Investing in multi-family housing is a great way to exploit economies of scale. 3. A passive investment approach can yield rich returns for you; hiring a good property manager is critical for out of state investors. Be sure to visit www.PlanetBoomerVille.com
! Appraised by Media's the name, podcasting's the game. It's dangerous to go alone, take us. We came here to chew bubblegum, and make jokes. Wait a minute... That one's from They Live! What the hell, Duke? Items this week: the 1-Up mushroom, the homerun bat, and the checkpoint controller. Thanks to The Sometimes Geek Podcast for the intro this week. Check them out at sometimesgeek.com.
The reports of our deaths have been greatly exaggerated. Well, okay, exaggerated might not be the best word... Accurate? But if we told you the truth, you wouldn't have to remember anything, and where's the fun in that? Welcome back to Appraised by Media where thunder is good, thunder is impressive; but it is lightning that does the work. Items this week: the ring of contradiction, and the orange of peeling. Thanks to the Raised by Media podcast for the intro this week. Check them out at r̢a͡is̛e̴d̴b̶͟ym҉e̡d̴͟ią́͜.c̴om̕.
Mobile Home Park Investors with Jefferson Lilly & Brad Johnson
Welcome to Episode 62 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. This is the second episode to Erik Hanson’s interview. Be sure to the listen to the first part to get a full view of what kinds of things go into an appraisal report. On this episode, Erik discusses how you can increase your property value and get more bang for your buck. Key Takeaways: [1:15] Erik continues his discussion on what goes into an appraisal report. [4:25] On the report, there are some things you just have to include in there that the government requires. They don’t mean much to the buyer personally, though. Erik and other appraises call this the ‘Fluff.’ [7:30] There are two terminologies you should be aware of that appraisers use when discussing a park status, but what happens if your park doesn’t fall into these two? [10:00] What kinds of things can a park owner do to increase their property value? [11:40] What kind of amenities can you add to increase rent? [14:30] How does Erik value the amenities? [17:10] What states are Erik and his team currently active in? [17:55] How do the park valuations change based on the different locations? [20:55] Erik shares a quick funny story on an appraisal he did. [24:30] Erik offers tips on how to find the right appraiser. Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to: deals@parkstreetpartners.net MHPappraisal.com Email Erik: erik@mhpappraisal.com Call Erik: (608) 279-1164
Mobile Home Park Investors with Jefferson Lilly & Brad Johnson
Welcome to Episode 61 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Brad is off this week, which leaves just Jefferson as today’s host. How do mobile home park owners increase the value of their property? That’s exactly the topic that Eric Hanson, MAI will be discussing on today’s show. Erik is the Executive Vice President of Midwest Appraisal Group, and works specifically in appraising the mobile home park industry. Listen in as Erik has some advice for all you park owners out there on how to retain, and increase, your park value. Key Takeaways: [2:40] How did Erik Hanson first get involved in mobile home park appraisals? [8:20] Erik has MAI in his official title, what do those letters mean and how does someone get that type of certification? [10:45] When evaluating properties, do the banks ever try to influence Erik into giving them a higher value estimate (so that they can charge more interest)? [13:15] What are some of the steps to appraise a mobile home park? [18:45] Erik runs a ‘potential gross income’ report to see what’s the maximum amount of income the property can make. [20:25] Since Erik has appraised a lot of parks, he typically can see right off the bat where all the mobile home park expenses should be. [23:45] Join us next week for part 2 of this interview! Mentioned in This Episode: Park Street Partners Investment Opportunities Park Street Partners Business Resources LinkedIn: Mobile Home Park Investors Group Send deals to: deals@parkstreetpartners.net
The inaugural episode of Appraised by Media. The audio quality of the episode does not indicate the joke quality. Take that to mean what you will.
Appraisals are a confusing topic in the world of real estate, so I wanted to break the process down for you. Perhaps the most confusing aspect is the difference between a home's appraised value and its fair market value.Buying a Bucks County area home? Perform a full home search Selling your Bucks County home? Get a free Home Price EvaluationToday, I wanted to talk about home appraisals and how appraised value relates to fair market value. These values are not necessarily equal, and that can create issues. Most real estate transactions today have an appraisal contingency, so any buyer with a mortgage will need to have an appraisal done. The appraisal itself is a formal process in which an appraiser compares the property to other comparable properties. These comparables will only be properties that sold recently; they don't like to look back further than six months. From a time frame perspective, though, you have to be careful. Even if a house sold five months prior to your appraisal, it could have sat on the market for three months, meaning the information they're using is actually eight months old. “Comparables will only be properties that sold recently. ” The appraiser will compare features like size, lot size, the number of bedrooms and bathrooms, etc. to the house being sold. Normally, they use three comparables. The challenge from an appraisal standpoint is that a lot of things that buyers are willing to impart value to, like finished basements, may not transfer well in terms of appraised value. A home with an over-the-top , $75,000 finished basement may get a value adjustment of just $12,000 to $15,000, even though a buyer may value it much higher. If a buyer is putting down 20%, the bank will lend 80% of the appraised value or sale price–whichever is lower. When homes don't appraise for the sale price, it creates a lot of challenges. I have an appraiser that I work with often, and he always tells people that the appraised value is not the fair market value. The fair market value is essentially what a buyer and a seller agree on in an arm's length transaction. Since the appraiser uses historic data, it doesn't necessarily mean the appraised value is the fair market value. A home needs to appraise for the sales price, but there are a few exceptions. A buyer can offer extra cash, the buyer can come down in sales price, or they can meet somewhere in the middle. I've certainly been through my share of home transactions where the house didn't appraise. If you have any questions about appraisals or about real estate in general in Bucks County, give me a call. I'd love to hear from you!
Our Best Ever guest is a commercial and residential appraiser in the Dallas, Texas market. He has been involved in amusement park projects such as Six Flags and laser tag arenas. He shares his expertise in the appraisal process and how he has found successful opportunities! Best Ever Tweet: Look for success, if it's out there, copy it! Jake Thacker's real estate background: – Been in the real estate industry for 16 years – Third generation of real estate in the family – Specializing in commercial appraisals and property investments – He is based in Dallas, TX with Gaither Commercial Realty – Author of: ApprRAISE the Roof, a step-by-step guide to successfully finding and evaluating commercial properties in iTunes. Listen to all episodes and get a FREE crash course on real estate investing at: Are you committed to transforming your life through Real Estate this year? If so, then go to and claim your FREE Coaching Session. Trevor is my personal real estate coach and I’ve been working with him for years. Spots are limited, so be sure to do it now before all the spots are gone. Subscribe to Joe’s YouTube Channel here to learn multifamily and raising money tips: Subscribe in and so you don’t miss an episode!
Business valuations — or business appraisals — are an important part of a successful transaction of any M&A deal, but valuations are also important for a number of other non-transactional purposes. In this edition of “Deal Talk,” you’ll learn about the other business and personal uses for business valuations. If you have business partners, are involved in forming a new entity, are married with a family or have special considerations, this show will be of special interest to you. Join Jeff Allen as he speaks with professional business valuation consultant Trisch Garthoeffner, CVA and owner of Anchor Business Valuations & Financial Services LLC. .
.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Selling your home? Get a free Home Value ReportBuying a home? Search all Homes for SaleBefore we begin talking about this topic, there are a few different definitions to be aware of.Assessed value: This is the value that the county assessor places on your home. They cannot come inside your home and do not account for upgrades.Taxable value: This is your assessed value minus any exemptions that you may have, like homestead exemptions. Both of these values are usually lower than what your true market value is.Market value: This is subject to change depending on market conditions. The value that you see on Trulia or Zillow is not your market value. Your market value depends on factors like inventory, demand, and how capable your Realtor is in creating artificial demand and raising the sale price of your home. A comparative market analysis is also crucial to pricing your home because your home's value should match those of homes in your area.Appraised value: This is the value that the bank's appraiser assigns to your home in order to ensure that it is not overpriced. This value should be close to your market value. Your true market value is the most important value on your home. It can change depending on the market you're in, and also the type of Realtor that you're using. I run a comparative market analysis to determine an accurate price for your home. I take into account the upgrades that you've done on your home, as well as your location and the condition of your home. This allows me to price your home accurately and draws buyers to your home, thereby getting you top dollar.If you're looking to buy or sell this summer, please get into contact with me. I'd be happy to examine your property and put together a plan to sell your home for top dollar.
In this episode of Real Value Cast, Blaine discusses a very common occurrence in the current market in 2015, multiple offers. The market is hot for sellers with many of the listings being fought over by multiple buyers all bidding the sale price upward in a classic supply and demand battle. Blaine talks about some of main factors affecting this phenomenon and also answers the question of whether or not multiple offers have an effect on the final appraised value regardless of whether or not the sale price was affected. Grab a pen and a pad as there is a lot of info about the economy, the real estate market, the appraisal, and how they all work together.
Picture this: You’ve got a beautiful property with an offer on the table, but you are terrified that your property won’t appraise for what they’ve offered. Our Best Ever guest today, walks us through how to handle this scenario to get the most value for your property. Best Ever Tweet: The best indication of how the property is performing today, is going to some of the most recent data. Cam Palmer’s real estate background: - Based in Phoenix, AZ - He has appraised over $1 billion in real estate - Vice President of CBRE in Phoenix - Focused on multi-family Subscribe in and so you don't miss an episode! Made Possible Because of Our Best Ever Sponsor: - Could you do more deals if you had more money? Let the crowdfunding platform, Patch of Land, find investors for you and fund your next deal…and your next deal…and your next deal…and…well, just go find out more at
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Introduction to Evidence Based Practice: A Practical Guide for Nursing
Overview materials of Chapter 11 from Introduction to Evidence Based Practice: A Practical Guide for Nursing
We'll keep an eye on your outdoors this week. First we've got great tips to get your garden going and help you save some money while you feed your family this summer. Our New 2 Lou 2 helps keep kids safely on the potty. Then we'll find out how much all that stuff growing around your house is worth. Is your landscaping properly appraised? We'll see if money really is growing on our trees. Lou helps listeners by phone and email.
Daina Ramey Berry, professor of history at Michigan State University, discusses slave prices in the antebellum South, exploring both planters’ criteria and slaves’ perceptions of their value. Berry’s research reveals interesting patterns with contemporary relevance to slave insurance claims and reparations.
A Way with Words — language, linguistics, and callers from all over
Write it RightOne hundred years ago, American journalist and satirist Ambrose Bierce published a curmudgeonly book of writing advice called Write It Right: A Little Blacklist of Literary Faults. In her new book, Boston Globe language columnist Jan Freeman explains where Bierce got his ideas about language, how his grammatical convictions compared with those of his contemporaries, and what they teach us about English today. The book is Ambrose Bierce's Write It Right: The Celebrated Cynic's Language Peeves Deciphered, Appraised, and Annotated for 21st-Century Readers. Recently, Freeman talked with Grant about Bierce and his cranky advice for speaking and writing well.http://www.amazon.com/Ambrose-Bierces-Write-Right-21st-Century/dp/0802717683You can read much more by Jan Freeman (and we recommend that you do) in the archives of her columns in the Boston Globe.http://www.boston.com/bostonglobe/ideas/jan_freeman/--"A Way with Words" is made of paper: drop a few bills in the donation jar today: http://www.waywordradio.org/donate/ .Get your language question answered on the air! Call or write with your questions at any time:Email: words@waywordradio.orgPhone:United States toll-free (877) WAY-WORD/(877) 929-9673London +44 20 7193 2113Mexico City +52 55 8421 9771Site: http://waywordradio.org/Donate: http://waywordradio.org/donate/Podcast: http://waywordradio.org/podcast/Forums: http://waywordradio.org/discussion/Newsletter: http://waywordradio.org/newsletter/Twitter: http://twitter.com/wayword/Skype: skype://waywordradioCopyright 2010, Wayword LLC.