Appraisal Matters

We’ve had some interesting round table discussions about reserves in the office. The big question is why don’t we see reserve line items on income statements or as a separate deposit/bank account on the balance sheet? For marinas, this is an even more important question because it seems that lenders don’t understand how [...]

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Right now, lenders want proper ties that have no problems at all. If there is a slight functional problem or any creative backend financing. Calls from reviewers are up too because the criteria for lending is tight for not just for the person.
There are lots of special financing deals. Cash back [...]

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Bar and restaurant appraisals are interesting assignments. Unless you are going for an SBA loan, the lender only wants to lend on the "bricks and sticks." They are not interested in the bar equipment (AKA FF&E), business value or good will. The hardest part of this type of assignment is how to [...]

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