A question I am asked quite regularly that I thought I’d provide a quick education! 🏡 The Appraisal Process What Buyers & Sellers Need to Know ✅ Step-by-Step Process 1️⃣ Bank request – Loan officer asks their appraisal department to request bids from approved appraisers. 2️⃣ Bids – Appraisers submit their fee + turnaround time. […]
Understanding the Appraisal Process in a Hospitality Deal Read More »
Back to the issue of the portion of an appraisal of a bed and breakfast that gets allocated to goodwill…. My post was written with a less than favorable situation for a property that had a considerable amount allocated to goodwill. But that’s not always the case. B&B appraisals will often include two or three
A follow-up post to my previous post on valuation… Read More »
An inn or bed and breakfast is a hybrid. Yes, it is a business that operates within a piece of real estate on a piece of land. But it is a commercial business with a residential component. So how does an appraiser go about valuing this hybrid business? It’s not always easy for the buyer
Going Concern Value – Inn Valuation Read More »
