In the first part, I indicated that I had to turn this dockominium valuation assignment down. 'Curious why? There are many reasons. Let's start with the most obvious. It should be clear that I don't share any bit of optimism about this asset that the prospective purchaser does. That means that what I would provide would.
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Dockominiums, Market Value, and Gross Sellout – Part 2
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Posted by John Simpson
So are you wondering why I'm a bit down on the prospects for this dockominium? You've already got some clues from the last section. The vacancy rate is like a big red flag at the entrance to the marina. There's plenty of room for improvement and selling rather than renting isn't it. Another key reason why.
Read moreDockominiums, Market Value, and Gross Sellout – Part 1
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Posted by John Simpson
Today's little drama involves a dockominium valuation job I had to refuse. Yeah, I know, the money is the same shade of green, so why turn it down? It was the right thing to do. Here's some background. The dockominium is in foreclosure and.