Many of you reading this are probably familiar with this case which recently went viral. A husband and wife have requested a bank appraisal to refinance their home in Jacksonville, Florida. The woman is African American and her husband is white. Only the wife was at home to greet theRead More →
Real estate funds made nearly € 3 billion in profits in the first three years after their introduction, according to the Business Post. He said operating profits of Irish real estate funds stood at 1.16 billion euros in 2019 alone, bringing total combined profits to 2.93 billion euros for theRead More →
Real estate prices across the country have skyrocketed in recent months as buyer demand continues to soar. But there are key aspects that a real estate agent will take into consideration when appraising your home. While technology has helped appraise properties, hiring a local real estate agent is by farRead More →
The Financial Conduct Authority’s proposals for long-term asset funds could mean that some assets are not usable in model portfolios, according to guests of the latest edition of the FTA Advisor Podcast. In recent years, the so-called liquidity imbalance has forced real estate funds to repeatedly open and close toRead More →
An Automated Valuation Model (AVM) provides an estimate of the market value of a subject property at a specific time. To determine a value for the property in question, the most common AVM method is to use the prices of comparable properties recently sold. This is typically done by identifyingRead More →
Property valuation methods are used to estimate the value of real estate for a variety of purposes, including legal litigation and tax valuation. Properties are valued for many different reasons, and it’s a real art to appraise a property ideally. When do we need a real estate appraisal? Property valuationRead More →
In what could be the first domino to fall, Aviva decided to liquidate its open-ended real estate fund, more than a year after suspending activities in the fund. What does this mean for the future of open-ended real estate funds? An option that does not end with the liquidation fundRead More →
(Add background, details, quote, fund size) LONDON, May 20 (Reuters) – Insurer Aviva has announced that in July it will shut down three UK property funds that have been suspended since March last year due to market uncertainty as the pandemic hit the UK economy. “During this period of economicRead More →
Insurer Aviva has announced that in July it will shut down three UK property funds that have been suspended since March of last year due to market uncertainty as the pandemic hit the UK economy. “During this period of economic uncertainty, it has become increasingly difficult to generate positive returnsRead More →
The New York attorney general’s office said on Tuesday it had opened a criminal investigation into the company of former President Donald Trump, increasing the legal risk to Trump and his family. Attorney General Letitia James has investigated whether the Trump Organization falsely declared property values ​​to secure loans andRead More →
Lawmakers approved a bill on May 19 to shift the cost of school obligations to owners of farmland and ranching. Senator Tom Briese “data-image-caption =” Sen. Tom briese “data-medium-file =” http://update.legislature.ne.gov/wp-content/uploads/2017/01/SenBriese_inline-200×300.jpg “data-large-file =” http: //update.legislature .ne.gov / wp-content / uploads / 2017/01 / SenBriese_inline.jpg “loading =” lazy “src =” http://update.legislature.ne.gov/wp-content/uploadsRead More →
The Ministry of Finance (DoF) said that the income generation capacity of local government units (LGUs) should be strengthened when the property valuation system is digitized. “The Local Governance Reform Project (LGRP) will certainly help strengthen the revenue collection capacity of our local government units by adopting new digital toolsRead More →
Ohio Senate Bill (SB) 57 was signed into law on April 27, 2021 by Governor Mike DeWine. Among other changes to Ohio law, SB 57 creates a special property assessment dispute process for the 2020 tax year. The special process is intended to address declines in property values. properties causedRead More →
The business groups urged the Senate to immediately pass the Real Estate Valuation and Valuation Reform Act, Package 3 of the Duterte administration’s Comprehensive Tax Reform Program (CTRP). “We declare our strong support for the immediate passage of the Real Estate Valuation and Valuation Reform Act,” the group said inRead More →
Open-ended real estate funds recorded net outflows of £ 81million in April, the 31st consecutive month of outflows, according to data from Calastone. Just over £ 5bn have left the industry in the past three years, which equates to £ 1 in every £ 8 under management. However, April’s outflowsRead More →
The real estate market has made a pedestrian recovery from the pandemic. The MSCI World Index has rebounded 30% in the past year, as one of the key real estate sector metrics, the IPD UK Index, has risen just 4%. The recovery in the listed real estate investment trust industryRead More →
The Financial Conduct Authority (FCA) has postponed its decision on real estate funds until the third quarter of 2021 at the earliest. The delay shows how difficult it is to address issues that arise when investors suddenly leave open real estate funds. Over the past year, many well-known funds closedRead More →
The Financial Conduct Authority has delayed publication of its conclusion on liquidity mismatch in open-ended real estate funds until the third quarter at the earliest due to uncertainty over operational hurdles to overcome to support notice periods . The regulator said it also wants to take into account in itsRead More →
Solutions to the problem of global investment funds buying entire properties to put them on the rental market can be found in the tax code, said Sinn Féin housing spokesperson Eoin Ó Broin this afternoon. . Last Sunday, the Business Post reported that Round Hill Capital and its partner SFORead More →
EL PASO, Texas (KTSM) – Preliminary real estate appraisals are underway and are consistent with early projections made by the El Paso Central Appraisal District. Dinah Kilgore, executive director of EPCAD, said local tax entities received preliminary assessments on Friday giving a snapshot of the revenue they can expect toRead More →