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Archive for January, 2010

January 29, 2010 FHA Is True to its Word

Earlier this week, we wrote a post, in part, on the FHA’s plan to crack down on unscrupulous lenders. You can read the post here.  According to an article published in The Wall Street Journal on Tuesday, the FHA is making good on its promise. It suspended Home Mortgage Inc. for six months and pulled [...]

January 26, 2010 FHA Changes the Rules

On January 20, 2010, the Federal Housing Administration – a government insurance company that backs mortgages and refinance loans for lenders that follow its guidelines – changed the rules for home borrowers. Starting in the spring, borrowers will have to pay more up front to get a loan. The FHA is raising its upfront mortgage [...]

January 21, 2010 To Sell or Not to Sell?

In previous posts, we have discussed that if a business owner is looking to sell equipment or machinery, he/she needs to know three separate types of value that their assets could bring in the market – orderly liquidation value, forced liquidation value, and fair market value. The differences among these types of machinery and equipment [...]

January 19, 2010 Adjusting Your Exit Plan

We’ve written in the past about the importance of small business owners having comprehensive exit strategies planned. You can read our post on exit strategies here. Equally important are succession strategies, which you can read about here. Last week, The New York Times’ “You’re the Boss” blog posted an article on exit strategies. It implied [...]

January 14, 2010 Divorcing a Business

In a previous blog, we covered the topic of divorce appraisals. It addressed the importance of appraising a home when the owners of the property are divorcing. But a divorce when a business is involved is even more complicated. As noted in the article Survey: Divorce is Bad for Business, “If a company is owned [...]

January 12, 2010 Professional Business Valuation and Selling Your Business

Last week, there was an interesting article, “How to Sell Your Business,” in The New York Times. As the title suggests, the article covers the numerous things a business owner needs to think about when considering selling his or her business. We will focus on one of the author’s tips, which we have discussed in [...]

January 7, 2010 Idle Speculation

Last week, in our post titled Location, Location, Location, we discussed the ways in which state laws and the geographic location of a piece of equipment can affect its value. Today, you’ll have to forgive our speculation as we imagine what would happen if California’s emissions laws spread east.  First of all, keep in mind [...]

January 5, 2010 The Appraisal Institute

The Appraisal Institute is an international association for professional real estate appraisers. Founded in 1991 from the merger of the American Institute of Real Estate Appraisers and the Society of Real Estate Appraisers, the association has more than 24,000 members and 91 chapters throughout North America and the world. The institute’s designations are SRA (from [...]

January 1, 2010 New Year, New Planning

This year, 2009, has been a tumultuous one. While there is no way of knowing what the future will hold, you can plan for the future. Planning for the future of your business is always a sound move. You need to know the value of your assets and the value of your business. Over the [...]