Avatar's Blog

» Business vs Real Estate Appraisal

Posted on 10/14/2004
Hard money loans are based on the value of real estate, not the value of a business. When obtaining an appraisal, be sure to use a licensed real estate appraiser. You may need a business appraisal as well if you are purchasing a business, but submit the real estate appraisal to your hard money lender to make your loan request go through more quickly.
Posted in Miscellaneous