— 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
Fri 20

The 3 Methods for Appraising Commercial Real Estate Value

A commercial property appraiser explains commercial appraisal methods.

The type of commercial appraisal method used to evaluate your property depends on the circumstances, location, and earning potential.

Whether you are looking to buy or sell a piece of commercial property, you will need to have a commercial property appraisal done at some point before closing. In today’s market, lenders typically require an appraisal prior to signing off on a mortgage or other real estate loan. Lenders want assurances that the value of the property they are financing at least meets the terms of the loan. Understanding the three most common commercial appraisal methods will allow you to take a more active role in the process.

Mon 25

Tips on Preparing for Your Home Appraisal

home appraisal tips, how to prepare for a home appraisal
Looking to sell your home? Take these steps to ensure you will get the most fair and accurate appraisal for your home.

The purpose of a home appraisal is to make sure the value of your home is at least equal to the total amount that will need to be financed by a future buyer. The prospect of an impending real estate appraisal may seem a bit daunting, but by learning how to prepare for a home appraisal, you can calm your nerves and make sure your home is ready. These are some home appraisal tips you’ll want to keep in mind in the days leading up to your appraisal.

Ferstl Endorsements:

“Please accept my thanks for the brilliant assistance you gave on relatively short notice. Your ability to testify concerning an analysis of the two appraisals, particularly pointing out the serious flaws in the landowners’ appraisal, was the turning point of the trial.

 

Giving understandable answers in layman’s terms is an extraordinary talent that many expert witnesses do not have. In short, you were believable and that is what makes an expert witness a real expert witness.”