— Ferstl Credentials and Memberships —

  • ARKBARTom Ferstl AR Bar #74052
    J.T. Ferstl AR Bar #2003212
  • LRRCCLittle Rock Regional
    Chamber of Commerce
  • AR State ChamberArkansas State
    Chamber of Commerce
  • National Association of RealtorsNational Association
    of Realtors
  • Logo Rotary Club of Little RockThe Rotary Club
    of Little Rock
Thu 3

How to Make Your Investment Back in Commercial Real Estate

Educate yourself on home appraisal before purchasing your first home.

A well-planned real estate investment strategy can help you blaze a path toward a profitable portfolio.

Owning commercial real estate in Arkansas can offer a steady stream of profit through long-term leases and diverse properties. However, you must create a reliable real estate investment strategy that includes a feasibility analysis before you purchase a property. The following tips will help you make your investment back in commercial real estate.

Wed 19

Buying Your First Home: How to Appraise an Appraisal

Educate yourself on home appraisal before purchasing your first home.

Education is one of the first steps of buying your first home in Arkansas. As you brush up on home buying tips, learn how to read an appraisal and gain detailed insights into a house’s value.

An appraisal is a crucial part of the process when buying your first home because it offers expert insight into what a house is worth. Receiving this report from an appraiser who knows how to evaluate a house’s value allows you and your mortgage lender to determine how much money you need to borrow.

Understanding how to read an appraisal and interpret its results is one of the most overlooked home buying tips; it can mean the difference between a sound real estate investment and a sale that falls through. The following points will help you appraise an appraisal and decide whether to turn a house into your first Arkansas home.

Ferstl Endorsements:

“In the 20 years I have been practicing law and using expert testimony, I have never written a thank you letter to one of my expert witnesses. However, in this case I wanted to express to you how grateful I am for your outstanding appraisal, trial testimony, and help in preparing for this trial against the City of Little Rock.

 

At trial on direct examination your knowledge of the subject matter as well as your confidence in your testimony was obviously the reason the jury completely ignored the expert’s appraisal for the City and awarded my client the damages to which you testified he was entitled.”