The current residential appraisal environment in Southern Maine continues to be challenging, but mostly in a managing the near overwhelming workload. This appears to be directly related to a combination of extremely favorable interest rates as well as what is normally higher demand during a typical, yearly appraiser “cycle.”
This article was originally written in 2015. Seems like a long time ago. Interestingly how everything changes there are some fundamental concepts that don’t. A lot of economic behavior takes place based on a lack of knowledge and judgment and over-reliance on habit, benchmarks, or other factors founded
It is important for an appraiser to understand the difference between cold storage and food processing facilities compared to other forms of more traditional warehouse and manufacturing plants. The appraiser first needs to identify their unique physical characteristics
Financial regulators have raised from $250,000 to $400,000 the threshold at which an appraisal is required. The wisdom of that decision may not be decided until we have another crash. In the meantime, appraisal clients might serve themselves well by understanding the difference
The good times continue in the New England markets, and nationally, as the economic expansion continues. However, it might be time to throw away the complimentary closer that typically follows “and shows no signs of slowing down”- because that just does not fit anymore, unfortunately.
The Connecticut Chapter of the Appraisal Institute is offering a 3-hour continuing education program, Introduction to Vineyard and Deed Restricted Land Valuation, followed by a networking social which includes a wine tasting on September 19, at Jones Family Farm, Shelton, Conn.
Before algorithmic failure, robo call default or call bank ball drops, engage your constituents. Clients and customers and respective prospects can be engaged. The deal is more than a transaction. Always more than trivial and frequently strategic, commercial real estate decisions
You’ve probably noticed recent dramatic volatility in everything from politics to money markets to overall attitude. Some has been brought on by tweets, overnight policy changes, and some by news reporters’ viewpoints. One day it’s positive; next day it’s negative.
Being from Connecticut, I tend to focus on what’s happening here in the Nutmeg State, and it’s not pretty. We continue to lose population, mostly to southern states and states with greater tax advantages. The Connecticut Office of Policy and Management’s 2017 paper on
Let’s talk about the reality of shareholder disputes. Shareholder disputes can occur as a result of a myriad of business risks. Corporations have shareholders, and LLCs have members. LLCs are managed by members as a group or by electing one or two as managers.