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commercial real estate appraisal: How to Save Money on Your Commercial Real Estate Appraisal - 07/21/10 09:14 PM
In the recent past, nearly 70% of all commercial appraisals were ordered by the banks that were going to fund the project. Now that banks are absent from the performing funding space, many developers are left with the responsibility of ordering an appraisal. Unfortunately, many of the appraisals they order and submit are simply unacceptable to 90% of our funding sources.
As a rule of thumb, if you don't have an appraisal, don't order one. Let the funder that has an interest in your project suggest one that you use. Otherwise, if you want to order your own appraisal, there are … (1 comments)

 

Brian Walker

Houston, TX

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Walker Commercial Funding

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The truth and real solutions about the commercial lending world....explained by a seasoned professional..Brian Walker


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