Author Archives: admin

CREDIT SUISSE IS THE VICTIM

The following article appeared in the news on January 4, 2010. “Property owners at four struggling and bankrupt resorts in Idaho, Montana, Nevada and the Bahamas have filed a $24 billion federal lawsuit against Credit Suisse, saying the bank gave … Continue reading

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THE REAL ESTATE BUBBLE

By now, if someone doesn’t know that real estate has declined in value, by a substantial amount, from its highs in 2007, they have just awoken from a three year sleep. There is no doubt that there was a real … Continue reading

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DEVELOPERS WIN-PRIVATE OWNERS LOSE

On November 24, 2009 the New York Court of Appeals ruled 6-1 that it is lawful for the State to seize private property for use by private developers. This case involves taking, though eminent domain, private property to turn over … Continue reading

Posted in Eminent Domain, Property Developemnt, Property Ownership | Leave a comment

NET LEASED PROPERTIES

NET LEASED PROPERTIES ©2009 Lloyd D. Hanford, Jr., MAI Long term, net leased properties have long been the darlings of the real estate investment world, particularly among the smaller investors. However, years of observing that market suggests that these investments … Continue reading

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REAL ESTATE INVESTMENT TRUSTS (REIT’s) – THE NEXT PROBLEM AREA?

Real Estate Investment Trusts (REIT’s) appear to have come to life and some shares are again selling at prices at or above net asset value. Are the current valuations reasonable on a risk-reward basis? It is suggested that the answer … Continue reading

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Tough Rules For Condos

Tougher rules for condo loans could put blocks on condo purchases. FHA, Fannie & Freddie appear to have increased the percentage of pre-sales required before they will lend on condo purchases and may be screening out projeccts where more than … Continue reading

Posted in Condominiums | Leave a comment

REAL ESTATE APPRAISAL RULES

New rules have been adopted governing residential mortgage loan appraisals.  These rules are intended to assure the independence of appraisers from the lending institution by requiring appraisers to be selected by an independent appraisal management entity. The problem that this … Continue reading

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