As reported by the Manchester Union Leader and the Nashua Telegraph, a Nashua city assessor is claimed to have been napping and driving around aimlessly in order to accrue mileage for reimbursement by the City when he was supposed to be conducting field work. A private citizen, Laurie Ortolano, hired a private investigator to follow Greg Turgiss, Nashua’s only certified supervisor in the assessor’s office, at the cost of $8,000. The private investigator claims to have obser

Golf courses like many other complex property types of real estate present a challenge to determine value. Many golf courses are operating in a saturated market where the demand is not always there to generate a profit. Assessors traditionally utilize the cost approach to value most property types and then depreciate based on age to derive an accurate value. The issue with this approach is that construction costs and material costs/availability are different now than they wer

The demand for real estate in a given location may affect the prices that are properties are sold for. There can be many reasons that a certain region of a town is more desirable than other areas. Most commonly developing a shopping center, apartment complex, or a community civic center is the rationale for the buyer over paying for other pieces of real estate. Assemblage is the real estate practice where the buyer will purchase two adjacent lots or an entire neighborhood for

The devil is in the details- and that's certainly the case for tax abatement applications. Don't let a short timeline distract you f

Many property owners are always looking for ways to increase the value of their real estate without completing major renovations. Here are five ways property owners can increase the worth of their property without hiring a professional contractor. 1. Increase the rent Multifamily properties are prime candidates for easily increasing value by increasing the rent. If the rental income is lower than desired, a minor increase can add considerable value to the property, especially