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How Zoning Changes Can Affect Property Value
A property may look like a great investment on paper, until the zoning says otherwise. Imagine buying a commercial property because you believe the existing retail building can be replaced with a three-story apartment project. The location looks strong, the numbers appear to work, and the purchase price reflects that redevelopment potential. Then the zoning change is denied. At that point, the property may be worth very differently to you than what you originally expected, be

Victor A. Torres, MAI
1 day ago8 min read


When Should You Order an Appraisal Instead of a Broker Opinion?
A homeowner calls her real estate agent and asks what the house might sell for; the agent pulls a handful of recent sales nearby, drives by a couple of them, and has a number back within a day or two, often for free. A few miles away, a couple going through a divorce needs a value their judge will accept, and their attorney tells them a broker's opinion won't cut it, and that they need a certified appraisal instead. An appraisal and a broker's opinion are honest, professional

Victor A. Torres, MAI
Sep 176 min read
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