Avatar's Blog

» What Kind Of Appraisal?

Posted on 12/7/2004
There are real estate appraisals and business appraisals. Hard money lenders will fund based on the value of your real estate. Do not get a business appraisal and expect to be funded on that number - it will include equipment and perhaps the value of existing clientelle, etc. The hard money lender needs to know the real estate resale value of the building and land it sis on.
Posted in Miscellaneous