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The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re- lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities ...
Real Estate Elevated (formerly known as Success Path) is an educational program that provides real estate investment training and aims to help students find and flip houses in the United States. Following the premiere of the HGTV’s ‘ Flip or Flop ’ in 2013, the show’s hosts, Tarek and Christina El-Moussa, launched Real Estate Elevated.
The Tennessee Real Estate Commission is offering something new to high school seniors in 2024. TREC is partnering with Kaplan Real Estate Education to offer recent high school graduates the chance ...
On the other hand, real estate sales is a relatively easy business to get into, as evidenced by NAR’s membership rolls of more than 1.5 million agents. To earn a real estate license, an agent ...
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