Tuesday, July 29, 2025

Household income data: Focus on the median, not average household income

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    Yes! That’s him! That’s Vernon Martin, the author of "The International Appraiser" blog, the blog that grabbed me and woul...
Friday, July 11, 2025

Further Discussion of the Value Lost in Dividing an Estate into Partial Real Estate Interests for each Heir

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German apartment building   It is natural for many parents to want to divide an estate into equal interests for all heirs, but this post whi...
Tuesday, July 8, 2025

Guest Post: Estate Attorney Paul Palley explains the problems when estates are divided into "partial real estate interests".

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  Chicago estate attorney Paul W. Palley Much of my international appraisal work involves estates.  It sometimes dismays me that a decedent ...
Friday, July 4, 2025

The Helms-Burton (“LIBERTAD”) Act of 1996 and resultant property claims from the Cuban Revolution of 1959

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 Fidel Castro, Cuban revolutionary leader The Helms-Burton Act, signed by President Clinton in 1996, allows all U.S. owners of properties ...
Wednesday, July 2, 2025

Religion and Real Estate: Obituary for former client Televangelist Reverend Jimmy Swaggart

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Rev. Swaggart begging forgiveness for his satanic attraction to prostitutes. But in all fairness, he never touched them; he just left little...
Sunday, June 22, 2025

The Most Common Fatal Flaw in Discounted Cash Flow Analysis

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  I entered the appraisal profession at an opportune time – in the mid-1980s, when discounted cash flow (DCF) analysis had come into vogue i...
Wednesday, June 18, 2025

My Part in a Successful Arbitration Against a Sovereign Indian Nation

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  No, this is not about the Korean situation I was handling before, in which the Municipal Government of Seoul underpays property owners in ...
Tuesday, June 17, 2025

What Isn't Said About Living and Owning Real Estate in Costa Rica

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 I have been appraising in Costa Rica since 2009, and have usually found myself appraising failed residential subdivisions meant for affluen...
Wednesday, June 4, 2025

Depth Matters: Appraisals of prospective ports

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Bahia de Mariel, Cuba Over the years I have sometimes been sent to the Caribbean to appraise proposed ports for cruise ships or container sh...
Sunday, June 1, 2025

Update on the New South China Mall

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I do see one person now, who appears to be a groundskeeper, standing to the right of a yellow object. In the 15-year history of my blog, my ...