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Articles by August, 2014
Cell Tower Appraisals - Advanced Issues
by Administrator on Aug 18, 2014 • Special-Purpose Appraisal • 1804 Views
If you have taken some cell tower appraisal work you have probably had to deal with a number of issues that are above and beyond simple site leases. Here are a few "advanced issues" that you may have to address in your appraisal report.
Problems with Banks
by Administrator on Aug 18, 2014 • Business Operation • 682 Views
For those of you who depend on banks assignments, yes I have been there, I don’t envy you your special vendor status. You are fine as long as the same appraisal service representative, loan office or bank VP favors you. If your contact leaves your special bank or banks, which they often do, you may end up off of their favored appraiser list. The biased selection process never went away, its my opinion that all banks should have to select from an approved panel and not play the age old biased selection game.
Las Vegas Strip Appraisals
by Administrator on Aug 26, 2014 • Commercial Appraisal • 796 Views
The Las Vegas Strip is its own market area and that market area is entirely different from other areas within the city. When you have 45 million or more visitors coming to a 5-mile strip of amusements and resort hotels there are supply and demand distortions. North Strip versus South Strip, assemblage versus resort hotel sites, Las Vegas versus Clark County, gaming versus non-gaming and a number of other economic and physical factors can make a difference.
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