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Commercial appraisals stabilize on existing buildings, still pose challenge for new construction (access required)

by Brad Carlson
Published: January 30,2012
Time posted: 4:37 pm

More commercial appraisals are working out lately, at least on existing buildings. That means more loans to buy the properties are, too. Lender and borrower hope an appraiser determines a building’s value is at or above what the prospective buyer offers to pay. Loans are based on a percentage of appraised value. When an appraisal comes ...
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