An REO, or Real Estate Owned property, typically refers to a property reclaimed by a lender, usually after a foreclosure auction fails to attract a sufficient bid.
Bulk zoning governs how land within specific zones can be used, including structures' density, height, placement, and overall usage.
Absorption rate serves as an incredibly useful reflection of market demand and property performance.
Accurate valuations directly impact revenue strategies and operational decisions, so having a firm grasp of the cost approach appraisal process is essential.
Understanding the intricacies of homeowners associations (HOAs) is crucial for multifamily owners and operators.
The Gross Rent Multiplier (GRM) is a simple yet powerful tool that can provide pivotal insights into the valuation and potential of real estate investments.
