Considering Selling Your Property
Start with a Forensic Real Estate Review
Understanding how your real estate investments are performing and comparing their performance to industry benchmarks is critical to any portfolio or individual review.
A Forensic Real Estate Review involves an understanding of the asset's current situation and then the asset is benchmarked to industry standards.
The review starts with examining all documents during the acquisition and operational phases of the property. A deep dive into appraisals, leases, and financing is just the beginning. The goal is to make a determination to continue to own or dispose of the asset.
The scope of a forensic review may vary based on the client's scope of work. But a full understanding of the asset is critical if the client decides to sell the property.
If you are considering disposing of a property make sure you complete a full forensic review and discuss the five key disposition strategies with your real estate investment advisor.