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How High Interest Rates Are Changing Commercial Property Lending

Propmodo

This has been a perfect storm for the commercial real estate lending industry. Falling property prices and liquidity fears are causing banks to slow or stop lending on commercial properties. All of this combined to push commercial lending to a standstill.

Lending 113
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The Benefits of Digitizing Commercial Building Inspections (with Examples)

Enertiv

From the humble garden style property, to the trophy high rise, to the logistics fulfillment and distribution center, the inspection is a fixture of owning and operating commercial real estate. Inspections form the basis for prioritizing maintenance work and capital investments. Let’s dig into three real-world examples.

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Things Builders Should Know About Spec Home Loans

Realty Biz

Development financing for larger new construction projects and alternative financing approaches should also be considered. A spec home is a newly constructed residential property built by a developer or builder without a buyer already in place. What is a Spec House? The definition of a spec house is straightforward.

Loans 108
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For Sustainable Buildings, Architects Need Better Post-Occupancy Data

Propmodo

Every time a building is completed that has highly-publicized sustainable elements, city officials applaud, the industry and media take notice, and the project’s developer and designer may even earn awards. It has to become codified because no one is doing it, and I don’t even know enough about the buildings I design,” she said.

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New Year, New You: Transforming Your Appraisal Career in 2023

McKissock

An assessor may contract with an independent fee appraiser to help identify property characteristics, measure properties, confirm the building’s condition and quality of construction, or review assessment disputes from taxpayers. The Basics of Expert Witness for Commercial Appraisers – 7 hours. Non-lending appraisal courses.

Lending 74
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How Does a Home Warranty Work, and What Does It Cover?

Realty Biz

It's possible (but not required) that they could involve: Issues with the framework, the foundation, and the interior design elements of a room. Appliances and devices designed for commercial use, such as those made by Bosch, GE Monogram, Sub-Zero, Thermador, and Viking. Aspects of solar systems and their constituents.

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Home Appraiser vs. Home Inspector: What’s the Difference When Selling a Home?

HomeLight

And, even a home built with quality construction can fall into disrepair over decades or within an instant after a catastrophic weather event or other event tests or compromises its integrity. In the December 2021 survey, 19% of buyers waived the inspection contract contingency, down from its height of 27% in July 2021.