Crossett
Real Estate Services
Property Analysis
Definition: The study of
a property by separating it into constituent parts or areas.
Determine "home equity enhancement
value" including but not limited to job description/code
requirement/materials + cost: review qualifications of contractors
including but not limited to job descriptions: what permits
are required: schedule workload and on going inspections
until completion: review insurance coverage: prepare
disclosures: referrals: waste management policies:
counseling/meetings: estimated costs/resale enhancement
costs.
Helping the Owner/Investor to
understand options requires communication skills and understanding
goals and objectives;
Fees and schedule of payments
are determined prior to inception of determined activity by Broker
and financial abilities of Owner/Investor.
Example of "home equity
enhancement value":
And another example:
And another example:
WHAT ARE WE REALLY TRYING TO
ACCOMPLISH?
WHAT ARE THE OPTIONS AVAILABLE?
WHAT ARE THE PRIORITIES?
Evaluate physical condition of
subject property.
Identify immediate needs of subject
property.
Identify long term needs of subject
property.
Estimate economic life (useful
life) of appliances (hot water tank/kitchen range/refrigerator/micro-wave
oven/heating system).
ENCOURAGE A HOME INSPECTION FOR
IN-DEPTH ANALYSIS OR SUGGEST INDIVIDUAL INSPECTIONS BY QUALIFIED/CERTIFIED/LICENSED
CONTRACTORS.
The Evolution
of the Kitchen
Fee definitions
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This web page was last updated.......12/03/2013.
