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La Habra Heights Hospital & Medical Office Building Appraisal for Healthcare Property

There are significant differences between property appraisals of health care related medical office buildings / hospitals and standard office buildings. Based near La Habra Heights CA, David R Collins and Associates is a licensed Certified General Appraiser (G.A.A., S.C.R.E.A.) with over 40 years of experience.

562.694.4920 – Call for more information and FREE CONSULTATION

Medical Office Building

We have experience providing appraisals for a variety of health and medical related properties, including:
- La Habra Heights Health Care / Healthcare Facilities
- La Habra Heights Health Clinics
- La Habra Heights Hospice Facilities
- La Habra Heights Hospitals
- La Habra Heights Medical Institutions
- La Habra Heights Medical Office Building (MOB)
- La Habra Heights Pharmacies

Many things must be considered in a medical related appraisal report. Are there any non-medical occupants in the building? Where is the nearest hospital? What is the condition of the building? Where is it located? Also, because the medical industry is heavily regulated, there are a number of financial and legal issues to take into account as well.

Los Angeles County Hospitals

North of Interstate 10:

- Alhambra Hospital Medical Center – Alhambra
- Antelope Valley Hospital Medical Center – Lancaster
- Barlow Respiratory Hospital – Los Angeles
- California Hospital Medical Center – Los Angeles
- Cedars-Sinai Medical Center – Los Angeles and Beverly Hills
- Children's Hospital Los Angeles – Los Angeles
- City of Hope National Medical Center – Duarte
- Encino Hospital Medical Center – Encino
- Estelle Doheney Eye Hospital – Los Angeles
- Garfield Medical Center – Monterey Park
- Glendale Adventist Medical Center – Glendale
- Glendale Memorial Hospital and Health Center – Glendale
- Glendora Community Hospital – Glendora
- Good Samaritan Hospital – Los Angeles
- Henry Mayo Newhall Memorial Hospital – Valencia
- Hollywood Community Hospital of Hollywood – Hollywood
- Hollywood Community Hospital of Van Nuys – Van Nuys
- Hollywood Presbyterian Medical Center – Los Angeles
- Huntington Memorial Hospital – Pasadena
- Kaiser Foundation Hospital – Chatsworth
- Kaiser Foundation Hospital – Panorama City
- Kaiser Foundation Hospital – West Los Angeles
- Kaiser Foundation Hospital – Woodland Hills
- Kaiser Foundation Hospital Sunset – Los Angeles
- Lakewood Regional Medical Center – Lakewood
- Las Encinas Hospital – Pasadena
- Los Angeles Community Hospital – Los Angeles
- Los Angeles County Los Amigos Medical Center
- Los Angeles County-USC Medical Center – Los Angeles
- Mattel Children's Hospital UCLA – Los Angeles
- Methodist Hospital of Southern California – Arcadia
- Mission Community Hospital – Panorama Campus
- Monterey Park Hospital – Monterey Park
- Motion Picture & Television Hospital – Woodland Hills
- Northridge Hospital Medical Center – Northridge
- Olympia Medical Center – Los Angeles
- Pacific Alliance Medical Center – Los Angeles
- Pacifica Hospital Of The Valley – Sun Valley
- Palmdale Regional Medical Center – Palmdale
- Pico Rivera Medical Center – Pico Rivera
- Promise Hospital of East Los Angeles – Los Angeles
- Providence Holy Cross Medical Center – Mission Hills
- Providence St. Joseph Medical Center – Burbank
- Providence Tarzana Medical Center – Tarzana
- Queen of the Valley – West Covina
- Resnick Neuropsychiatric Hospital at UCLA – Los Angeles
- Ronald Reagan UCLA Medical Center – Los Angeles
- St. John's Health Center – Santa Monica
- St. Vincent Medical Center – Los Angeles
- San Gabriel Valley Medical Center – San Gabriel
- San Vicente Hospital – Los Angeles
- Santa Marta Hospital – Los Angeles
- Sherman Oaks Hospital and the Grossman Burn Center – Sherman Oaks
- Shriners Hospital – Los Angeles
- Silver Lake Medical Center – Los Angeles
- Silver Lake Medical Center, Ingleside Campus – Rosemead
- Temple Community Hospital – Los Angeles
- Thompson Memorial Medical Center Hospital - Burbank
- UCLA Medical Center, Santa Monica – Santa Monica
- USC Kenneth Norris Jr. Cancer Hospital – Los Angeles
- USC University Hospital – Los Angeles
- VA Greater Los Angeles Healthcare Center (Veterans Affairs) – Los Angeles
- Valley Presbyterian Hospital – Van Nuys
- Vencor Hospital – Los Angeles – Los Angeles
- Verdugo Hills Regional Medical Center – Glendale
- West Hills Hospital – West Hills
- West Hills Regional Medical Center – West Hills
- West Los Angeles Memorial Hospital – Los Angeles
- West Los Angeles VA Medical Center – Los Angeles
- West Valley Hospital And Health Center – Canoga Park
- Westlake Outpatient Medical Center – Westlake Village
- Westside Hospital – Los Angeles
- White Memorial Medical Center – Los Angeles

South of Interstate 10:

- Avalon Municipal Hospital - Avalon
- Baldwin Park Hospital – Baldwin Park
- Bellflower Medical Center – Bellflower
- Beverly Hospital – Montebello
- Brotman Medical Center – Culver City
- Casa Colina Hospital For Rehab Medicine – Pomona
- Centinela Freeman Regional Medical Center, Centinela Campus – Inglewood
- Centinela Freeman Regional Medical Center, Marina Campus – Marina del Rey
- Citrus Valley Medical Center – IC Campus – Covina
- Citrus Valley Medical Center – QV Campus – West Covina
- Coast Plaza Hospital – Norwalk
- College Hospital – Cerritos
- College Medical Center – Long Beach
- Community Hospital of Gardena – Gardena
- Community Hospital of Huntington Park – Huntington Park
- Community Hospital of Long Beach – Long Beach
- Doctors Hospital Of West Covina – West Covina
- Downey Regional Medical Center – Downey
- East Los Angeles Doctors Hospital – East Los Angeles
- Foothill Presbyterian Hospital-Johnston Memorial - Glendora
- Greater El Monte Community Hospital – South El Monte
- Harbor-UCLA Medical Center – West Carson
- Inter-Community Medical Center – West Covina
- Kaiser Foundation Hospital – Bellflower
- Kaiser Foundation Hospital – Carson
- Kaiser Foundation Hospital – Harbor City
- Kaiser Permanente Medical Center – Baldwin Park
- Little Company of Mary Hospital – San Pedro
- Little Company of Mary Hospital – Torrance
- Long Beach Community Hospital – Long Beach
- Long Beach Memorial Medical Center – Long Beach
- Los Angeles Community Hospital of Norwalk – Norwalk
- Los Angeles Metropolitan Med Center – Hawthorne Campus – Hawthorne
- Marina Del Rey Hospital – Marina Del Rey
- Martin Luther King Jr.-Harbor Hospital – Willowbrook
- Memorial Hospital Of Gardena – Gardena
- Metropolitan State Hospital – Norwalk
- Miller Children's Hospital – Long Beach
- Mission Hospital of Huntington Park – Huntington Park
- Pomona Valley Hospital Medical Center - Pomona
- Presbyterian Intercommunity Hospital - Whittier
- Providence Little Company of Mary Medical Center, San Pedro Campus - San Pedro
- Rancho Los Amigos National Rehabilitation Center – Downey
- Regional Medical Center – South Street - Lakewood
- Rio Hondo Hospital – Downey
- St. Francis Medical Center – Lynwood
- St. Mary Medical Center – Long Beach
- San Dimas Community Hospital - San Dimas
- Specialty Hospital of Southern California - La Mirada
- Torrance Memorial Medical Center - Torrance
- Tri-City Regional Medical Center - Hawaiian Gardens
- Whittier Hospital Medical Center - Whittier

La Habra Heights CA Commercial Real Estate & Home Property Appraiser

La Habra Heights CA Car Wash Valuations, Appraisals
La Habra Heights CA Date of Death Valuation, Property Tax Appraisal
La Habra Heights CA Fast Food Franchise Business Valuations, Appraisals
La Habra Heights CA Hotel – Motel Business Valuations, Appraisals
La Habra Heights CA Median Home Price and Appraisal Value
La Habra Heights CA Property Tax Assessment Appeals
La Habra Heights CA Real Estate Appraisal Review
La Habra Heights CA Real Estate Expert Witness Testimony, Property Appraiser for Divorce
La Habra Heights CA Restricted Use Appraisal Report, Review For Single User
La Habra Heights California Eminent Domain Just Compensation Appraisal
La Habra Heights Hospital & Medical Office Building Appraisal for Healthcare Property

Collins and Associates LogoCollins and Associates
La Habra Heights, CA
Phone: 562.694.4920

Contact Person:
La Habra Heights Real Estate Property Appraiser

La Habra Heights Hospital & Medical Office Building Appraisal for Healthcare Property

La Habra Heights Median Home Price Chart

The median home appraisal value in La Habra Heights California is $1,018,500 as of February 29, 2016. In recent years, La Habra Heights home values dropped from a high of $1030k in February 2007 to a low of $704k in November 2011. The median sale price for property in La Habra Heights is $380 per square foot as of February 2016.

Foreclosure rates dropped from a high of 0.203% in August 2008 to a rate of 0.034% in February 2016, with the national average being 0.032%. Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The mortgage delinquency rate in La Habra Heights is 0.0%.

La Habra Heights CA Car Wash Valuations, Appraisals
La Habra Heights CA Date of Death Valuation, Property Tax Appraisal
La Habra Heights CA Fast Food Franchise Business Valuations, Appraisals
La Habra Heights CA Hotel – Motel Business Valuations, Appraisals
La Habra Heights CA Median Home Price and Appraisal Value
La Habra Heights CA Property Tax Assessment Appeals
La Habra Heights CA Real Estate Appraisal Review
La Habra Heights CA Real Estate Expert Witness Testimony, Property Appraiser for Divorce
La Habra Heights CA Restricted Use Appraisal Report, Review For Single User
La Habra Heights California Eminent Domain Just Compensation Appraisal
La Habra Heights Hospital & Medical Office Building Appraisal for Healthcare Property

La Habra Heights California Eminent Domain Just Compensation Appraisal

Dave Collins Property Appraiser Logo

Collins and Associates helps determine just compensation for eminent domain cases near La Habra Heights, Los Angeles County, California.

What is the Definition of Eminent Domain

Federal, state, and local governments may take or regulate private property through their power of eminent domain.

Eminent Domain Clause in the Fifth Amendment of the US Constitution

The Fifth Amendment to the US Constitution states in part: “...nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.” It requires government to provide just compensation to the owner of the private property to be taken. A variety of property rights are subject to eminent domain, such as air, water, and land rights. The government takes private property through condemnation proceedings. Throughout these proceedings, the property owner has the right of due process.

562.694.4920 – Call for more information and FREE CONSULTATION

Examples of Eminent Domain Public Use

– Fire Stations
– Libraries
– Police Stations
– Roads
– Schools

Eminent Domain Condemnation Proceedings

Condemnation proceedings vary according to state and federal laws. A proceeding does not require court involvement if the condemnor and landowner enter into a contract for the taking of the property for a public use. Condemnation usually consists of two phases: proceedings that relate to the right of the condemnor to take the property, and proceedings to set the amount of compensation to be paid for the property taken. The commencement of the proceedings does not curtail ordinary use of the condemned property by the owner as long as the use does not substantially change the condition of the property or its value.

Eminent Domain Private Property Rights

The private property owner has the right to due process during condemnation proceedings. He or she must be notified in a timely manner and must be given a reasonable opportunity to be heard on the issues of whether the use is public and whether the compensation is just. Due process considerations mandate that the landowner receive an opportunity to present evidence and to confront or cross-examine witnesses. The owner has an automatic right to appeal.

Eminent Domain Just Compensation Appraisal near La Habra Heights, CA

Collins and Associates can assist the landowner with a property appraisal that determines the value of private property.

La Habra Heights CA Commercial Real Estate & Home Property Appraiser

La Habra Heights CA Car Wash Valuations, Appraisals
La Habra Heights CA Date of Death Valuation, Property Tax Appraisal
La Habra Heights CA Fast Food Franchise Business Valuations, Appraisals
La Habra Heights CA Hotel – Motel Business Valuations, Appraisals
La Habra Heights CA Median Home Price and Appraisal Value
La Habra Heights CA Property Tax Assessment Appeals
La Habra Heights CA Real Estate Appraisal Review
La Habra Heights CA Real Estate Expert Witness Testimony, Property Appraiser for Divorce
La Habra Heights CA Restricted Use Appraisal Report, Review For Single User
La Habra Heights California Eminent Domain Just Compensation Appraisal
La Habra Heights Hospital & Medical Office Building Appraisal for Healthcare Property

Collins and Associates LogoCollins and Associates
La Habra Heights, CA
Phone: 562.694.4920

Contact Person:
La Habra Heights Real Estate Property Appraiser

La Habra Heights California Eminent Domain Just Compensation Appraisal

La Habra Heights CA Hotel – Motel Business Valuations & Appraisal Services

Collins and Associates provides dependable and accurate Hotel – Motel Business Valuations & Appraisal Services for commercial property in La Habra Heights, California, and beyond. Principal David R. Collins is a licensed Certified General Appraiser (G.A.A., S.C.R.E.A.) with over 40 years of experience. We provide commercial appraisals and valuations for a fast food franchise, car wash, hotel / motel, or gas station with the type of reliable values that banks and major lending institutions require for loans.

562.694.4920 – Call for more information and FREE CONSULTATION

Business Valuations and Appraisals

Hotel LogosBusiness valuations and appraisals are estimates of the economic value of an owner’s interest in a business, such as a fast food franchise, car wash, restaurant, gas station, bar, etc. Valuations are often used to resolve disputes related to estate and gift taxation, shareholder disputes, divorce litigation, and to make other business decisions which require knowing the value of certain business assets.

Hotel – Motel Chains near La Habra Heights, CA

Accor
AmericInn
The Ascott Limited
Best Western Hotels
Carlson Rezidor Hotel Group: Radisson, Country Inns & Suites, Park Inn
Choice Hotels: Cambria Suites, Clarion Hotel, Clarion Inn, Comfort Inn, Comfort Suites, Econo Lodge, Mainstay Suites, Quality Inn, Rodeway Inn, Sleep Inn
Drury Hotels
Fairmont Raffles Hotels and Resorts
Herrera Global: The Four Seasons
Hilton Worldwide: DoubleTree Hotel, Embassy Suites, Hampton Inn & Suites, Hilton Hotels & Resorts, Hilton Garden Inn, Homewood Suites
Home Inns
Hyatt Hotels
InTown Suites
Intercontinental Hotels Group (IHG): Candlewood Suites, Crowne Plaza, Holiday Inn, Staybridge Suites
La Quinta Inns & Suites
Loews Hotels
Marriott International: Courtyard by Marriott, Fairfield Inn, Residence Inn, Springhill Suites, TownePlace Suites
Millennium Hotels
Motel 6
Omni Hotels & Resorts
The Peninsula Hotels
Regent Hotels & Resorts
Shangri-La Hotels and Resorts
Shilo Inns
Starwood Hotels and Resorts: Le Meridien, Sheraton, Westin
Vantage Hospitality Group: America’s Best Value Inn
Wyndham Worldwide: Baymont Inn & Suites, Days Inn, Hawthorn Suites, Howard Johnson’s, Knights Inn, Ramada, Super 8, Travelodge, Wingate By Wyndham, Wyndham Hotels & Resorts

and more...

What are the Different Types of Accommodations?

Apartment Rental – Usually has a kitchen, sleeping area and bathroom not shared. This is designed for long term accommodations.

Bed and Breakfast – Some sort of breakfast is included with your night stay.

Hotel – Short term overnight accommodation.

Bungalow – A small house or cottage.

Campus or Dorm Room – College room usually with twin beds.

Extended Stay – Usually more like an apartment that rents by the week or month.

Guest House – A house used to rent on a short term basis for travelers

Home exchange or House Swap – This is exchanging your home for another house for a set time period. This is often arranged through a travel service or club that you join.

Hostel – Shared bedrooms & bathrooms. Some hostels have private bedroom or bathrooms at an extra price. Mostly used by young single travelers.

Inn – An inn is a small hotel usually either in the country or with a pub or tavern. A lot of the time they also have food available.

Lodge – Usually out in nature.

Motel – Rooms usually open out to a parking lot. As the name implies it caters mostly to motorists.

Resort – Accommodation providing a wide verity of amenities and recreational facilities. It is more about the experience. Usually used for vacation or getaways.

Unique Themed Accommodations – Cave, Castle, House Boat, Lighthouse, Railway Car, Tree House, Underwater Hotel

Villa – Usually a country estate made up of several buildings or structures tied together.

Valuation Standards

Fair Market Value – a value of a business determined between a willing buyer and a willing seller both in full knowledge of all the relevant facts.
Investment Value – a value a business has to a particular investor.
Intrinsic Value – the measure of business value that reflects the investor’s in-depth understanding of the company’s economic potential.

Business valuation results can vary considerably depending upon overall goals. In an actual business sale, it would be expected that the buyer and seller, each with an incentive to achieve an optimal outcome, would determine the fair market value of a business asset that would compete in the market for such an acquisition. If the synergies are specific to the company being valued, they may not be considered. Fair value also does not incorporate discounts for lack of control or marketability.

La Habra Heights CA Commercial Real Estate & Home Property Appraiser

La Habra Heights CA Car Wash Valuations, Appraisals
La Habra Heights CA Date of Death Valuation, Property Tax Appraisal
La Habra Heights CA Fast Food Franchise Business Valuations, Appraisals
La Habra Heights CA Hotel – Motel Business Valuations, Appraisals
La Habra Heights CA Median Home Price and Appraisal Value
La Habra Heights CA Property Tax Assessment Appeals
La Habra Heights CA Real Estate Appraisal Review
La Habra Heights CA Real Estate Expert Witness Testimony, Property Appraiser for Divorce
La Habra Heights CA Restricted Use Appraisal Report, Review For Single User
La Habra Heights California Eminent Domain Just Compensation Appraisal
La Habra Heights Hospital & Medical Office Building Appraisal for Healthcare Property

Collins and Associates LogoCollins and Associates
La Habra Heights, CA
Phone: 562.694.4920

Contact Person:
La Habra Heights Real Estate Property Appraiser

La Habra Heights CA Hotel – Motel Business Valuations & Appraisal Services

La Habra Heights Restricted Use Appraisal Report or Review For Single User

Dave Collins Property Appraiser Logo

Collins and Associates, based near La Habra Heights, Los Angeles County, California, can provide you with an appraisal report in a format that best suits your needs. We follow USPAP guidelines for all our reports. Because of our over 40 years of experience, we can help you determine which option is best for you. Residential and commercial property have different uses and requirements. You many need a full narrative report for full disclosure in commercial transactions, or you may need a restricted appraisal report for your personal use in making business and legal decisions.

562.694.4920 – Call for more information and FREE CONSULTATION

Uniform Standards of Professional Appraisal Practice (USPAP)

Uniform Standards of Professional Appraisal Practice (USPAP) is the appraisal report standard for real property, personal property, intangibles and business valuations in the United States. USPAP was first developed in the 1980s by a joint committee representing the major US and Canadian appraisal organizations. While USPAP answers a specific regulatory need in the US, other professional organizations throughout North America, South America, Europe, and Asia have adopted these standards. Since 2006, USPAP has been updated in a 2 year cycle, which begins on January 1 of even number years. While USPAP provides a minimum set of quality control standards for property appraisals in the US, it does not prescribe the specific methods to be used. USPAP simply requires that appraisers be familiar with and correctly utilize those methods which would be acceptable to other appraisers familiar with the assignment at hand and acceptable to the intended users of the appraisal. USPAP directs this through what is called the Scope of Work rule. At the onset of an assignment, an appraiser is obligated to gather certain specified preliminary data about the project, such as the nature of the property to be appraised, the basis of value (e.g. market, investment, impaired, unimpaired), the interests appraised (e.g. fee, partial), important assumptions, and the effective date of the valuation. Based on this and other key information, the appraiser relies on peer-reviewed methodology to formulate an acceptable workplan.

Appraisal Report Types

Uniform Residential Appraisal Report (URAR)

A Uniform Residential Appraisal Report (URAR) is one of the most common forms used in real estate appraisal which was created to allow for standard reporting and analysis of single-family dwellings. It is also suitable for a building in a planned unit development (PUD). It is not meant to be used for appraisals of manufactured homes or condos.

Uniform Residential Appraisal Report (URAR) Requirements

– Interior and exterior inspection of subject property.
– Street map that shows location of subject property and all comparable properties used.
– Exterior building sketch of improvements that indicates dimensions.
– Clear, descriptive photographs of subject property and comparable sales used.
– Subject: Basic information such as client’s name, address, legal description, owner’s and/or borrower’s names.
– Contract: Information on contract for appraisals in which a change of ownership is to occur.
– Site: Data on size, shape, zoning, access to utilities, and FEMA flood-zone information.
– Improvements: Physical characteristics of property, such as age, materials, and condition.
– Sales comparison approach: Grid analysis.

Single User Restricted Use Appraisal Report

A Single User Appraisal Report, Restricted Appraisal Report, or Restricted Use Appraisal Report contains minimal detail and is intended to be relied upon by the client only, not any other party. It may not be fully understood without secondary documentation, which is only available to the client. Although its use is uncommon, it does serve two very specific purposes – increased privacy and reduced costs. Several situations in which this type of appraisal report is useful is related to legal action, tax issues, or private business decisions. The Restricted Appraisal Report has one primary goal – to determine the value of the property. It is not intended for public use. It is specifically designed to let the client know the valuation of the property – and that is it. The side benefit from this type of report is that it requires less time to produce, therefore it is a less expensive alternative to a full report.

The minimum reporting requirements of the Restricted Appraisal Report are:

– Identity of client and any intended users, by name or type.
– Statement of use restriction that limits use of report only to client.
– Statement of intended use of appraisal.
– Identify of subject property.
– Identify property interest being appraised.
– Statement of type and definition of value.
– Effective date of appraisal and report.
– Identify scope of work used to develop the appraisal.
– Statement of methods, techniques used, and conclusions.
– Reference the workfile.
– Signed certification in accordance with Standards Rule 2-3.

Summary Appraisal Report Definition

A Summary Appraisal Report summarizes is the most common appraisal report within the industry. It satisfies the needs of lenders and large institutions, without getting into the high level of detail in other types of appraisal reports. Summary Appraisal Reports can have one, two, or three approaches to value, depending on the situation of the property and use of the appraisal. In contrast with a Restricted Use Report, a Summary Report provides more information. In comparison to a Self-Contained Report, a Summary Report provides less information.

A Summary Appraisal Report contains the following:

– Identity of client and any intended users, by name or type.
– Intended use of appraisal.
– Summarize information sufficient to identify property involved in the appraisal, including relevant physical and economic characteristics.
– Property appraised.
– Purpose of appraisal, including type and definition of value.
– Effective date of appraisal and date of report.
– Summarize sufficient information to disclose to client and any intended users of scope of work used.
– State all assumptions, hypothetical conditions, and limiting conditions that affected the analyses, opinions, and conclusions.
– Summarize information analyzed, procedures followed and reasoning that supports the analyses, opinions, and conclusions.
– Use of property as of date of value, and rationale for best use of property.
– Explain any departures from specific requirements of STANDARD 1 or 7, and reason for excluding any of the usual appraisal approaches.
– Signed certification in accordance with Standards Rule 2-3 or 8-3.

Narrative Appraisal Report

All real estate appraisals in the United States are reported as either a Narrative or Form format. This is true for both residential and commercial property. A Narrative appraisal report is descriptive in nature. It could be compared to a white paper, research paper, essay, or similar document. The Narrative style includes visual aids, such as pictures, maps, tables, grids, etc. This report style is often 60-120 pages for a commercial property. Due to the nature of developing this report type, it typically takes longer to develop, and as a result, is the more costly, but much more thorough, option. The Narrative style is most commonly used for commercial appraisals. Almost without exception, lenders will only accept an appraisal of a commercial property via a Narrative format.

Technical Appraisal Report or Review

The methodology for performing a technical review of an existing appraisal falls into two different types: desk review and field review. The mechanics of the technical review will vary depending upon the scope of the assignment, the client, policy requirements, or the nature of the property appraised. Although not all reviewers organize their reports in the same manner, most review reports contain certain common features. The required common features are specified in Standard 3 of the Uniform Standards of Professional Appraisal Practice (USPAP). A technical review appraiser is an appraiser who examines the reports of other appraisers to determine whether their conclusions are consistent with the data reported and with other generally known information.

La Habra Heights Date of Death Valuation, Property Tax Appraisal, Expert Witness Testimony

The date of the death valuation is the fair market value of the assets valued on the decedent’s actual date of death, including:
– Bank, investment and retirement accounts
– Personal effects, business interests and real estate

Collins and Associates provides dependable and accurate property tax appraisals in La Habra Heights, Los Angeles County, Southern California and beyond. Principal David R. Collins is a licensed Certified General Appraiser (G.A.A., S.C.R.E.A.) with over 40 years of experience. We are an appraiser of commercial, industrial, land, income residential, and residential properties, providing the type of reliable values that banks and major lending institutions require for loans.

Collins and Associates provides experienced real estate expert witness testimony and property appraisals for family court and divorce for commercial and residential real estate.

If you want a private appraisal report that only you have access to, a Restricted Use Appraisal Report might be the best option for you.

Headquartered near La Habra Heights, California, we provide a broad scope of real estate appraisal services throughout Southern California, including:

La Habra Heights CA Commercial Real Estate & Home Property Appraiser

La Habra Heights CA Car Wash Valuations, Appraisals
La Habra Heights CA Date of Death Valuation, Property Tax Appraisal
La Habra Heights CA Fast Food Franchise Business Valuations, Appraisals
La Habra Heights CA Hotel – Motel Business Valuations, Appraisals
La Habra Heights CA Median Home Price and Appraisal Value
La Habra Heights CA Property Tax Assessment Appeals
La Habra Heights CA Real Estate Appraisal Review
La Habra Heights CA Real Estate Expert Witness Testimony, Property Appraiser for Divorce
La Habra Heights CA Restricted Use Appraisal Report, Review For Single User
La Habra Heights California Eminent Domain Just Compensation Appraisal
La Habra Heights Hospital & Medical Office Building Appraisal for Healthcare Property

Collins and Associates LogoCollins and Associates
La Habra Heights, CA
Phone: 562.694.4920

Contact Person:
La Habra Heights Real Estate Property Appraiser

La Habra Heights Restricted Use Appraisal Report or Review For Single User

La Habra Heights CA Fast Food Franchise Business Valuations & Appraisals

Collins and Associates provides dependable and accurate Business & Company Valuations for commercial property in La Habra Heights, California, and beyond. Principal David R. Collins is a licensed Certified General Appraiser (G.A.A., S.C.R.E.A.) with over 40 years of experience. We provide commercial appraisals and valuations for a fast food franchise, car wash, hotel / motel, or gas station with the type of reliable values that banks and major lending institutions require for loans.

562.694.4920 – Call for more information and FREE CONSULTATION

Business Valuations and Appraisals

Fast Food Franchise LogosBusiness valuations and appraisals are estimates of the economic value of an owner’s interest in a business, such as a fast food franchise, car wash, restaurant, gas station, bar, etc. Valuations are often used to resolve disputes related to estate and gift taxation, shareholder disputes, divorce litigation, and to make other business decisions which require knowing the value of certain business assets.

Fast Food Franchises near La Habra Heights, CA

A&W Restaurants
Arby’s
Baskin-Robbins
Buffalo Wild Wings
Burger King
Carl's Jr.
Chick-fil-A
Chipotle Mexican Grill
Chuck E. Cheese's
Dairy Queen
Del Taco
Domino's Pizza
Dunkin' Donuts
El Pollo Loco
Fatburger
Green Burrito
In-N-Out Burger
Jack in the Box
Jamba Juice
KFC
Krispy Kreme
Little Caesars
Long John Silver’s
McDonald’s
Panda Express
Panera Bread
Papa John's
Pizza Hut
Quiznos
Sonic
Starbucks
Subway
Taco Bell
Wendy’s

and more...

Valuation Standards

Fair Market Value - a value of a business determined between a willing buyer and a willing seller both in full knowledge of all the relevant facts.
Investment Value - a value a business has to a particular investor.
Intrinsic Value - the measure of business value that reflects the investor's in-depth understanding of the company's economic potential.

Business valuation results can vary considerably depending upon overall goals. In an actual business sale, it would be expected that the buyer and seller, each with an incentive to achieve an optimal outcome, would determine the fair market value of a business asset that would compete in the market for such an acquisition. If the synergies are specific to the company being valued, they may not be considered. Fair value also does not incorporate discounts for lack of control or marketability.

La Habra Heights CA Commercial Real Estate & Home Property Appraiser

La Habra Heights CA Car Wash Valuations, Appraisals
La Habra Heights CA Date of Death Valuation, Property Tax Appraisal
La Habra Heights CA Fast Food Franchise Business Valuations, Appraisals
La Habra Heights CA Hotel – Motel Business Valuations, Appraisals
La Habra Heights CA Median Home Price and Appraisal Value
La Habra Heights CA Property Tax Assessment Appeals
La Habra Heights CA Real Estate Appraisal Review
La Habra Heights CA Real Estate Expert Witness Testimony, Property Appraiser for Divorce
La Habra Heights CA Restricted Use Appraisal Report, Review For Single User
La Habra Heights California Eminent Domain Just Compensation Appraisal
La Habra Heights Hospital & Medical Office Building Appraisal for Healthcare Property

Collins and Associates LogoCollins and Associates
La Habra Heights, CA
Phone: 562.694.4920

Contact Person:
La Habra Heights Real Estate Property Appraiser

La Habra Heights CA Fast Food Franchise Business Valuations & Appraisals

La Habra Heights Car Wash Valuations, Appraisals: Full, Self Service, Touchless, Automatic

Dave Collins Property Appraiser Logo

Collins and Associates provides commercial appraisals and valuations near La Habra Heights, California, and beyond for Car Wash Valuations and Appraisals for Full, Self Service, Touchless, and Automatic Car Washes. Principal David R. Collins is a licensed Certified General Appraiser (G.A.A., S.C.R.E.A.) with over 40 years of experience. We provide commercial appraisals and valuations with the type of reliable values that banks and major lending institutions require for loans.

562.694.4920 – Call for more information and FREE CONSULTATION

La Habra Heights Automatic Car Wash Valuations and Appraisals

Automatic Car Wash ValuationAutomatic car washes consist of tunnel-like buildings into which cars are driven through. The car is put into a line-up called the stack or queue. The stack moves sequentially, so the wash knows what each car purchased. The tire sensor lets the car wash know where the wheels are and how far apart they are. The rollers come up behind the tires, pushing the car through a detector. The equipment arches vary in number and type. A good car wash makes use of many different pieces of equipment and stages of chemical application to thoroughly clean the vehicle.

The carwash will typically start cleaning with pre-soaks applied through special arches. The vehicle next encounters tire and wheel nozzles, which the industry calls CTAs (Chemical Tire Applicators). These will apply specialized formulations, which remove brake dust and build up from the surface of the wheels and tires. The next arch will often be wraparounds, usually made of a soft cloth, or closed cell foam material. These wraparounds rub the front bumper and, after washing the sides, will follow across the rear of the vehicle cleaning the rear. Past the first wraps or entrance wraps may be a tire brush that will scrub the tires and wheels. There may also be rocker panel washers which are shorter in size that clean the lower parts of the vehicle. Most rocker brushes house the motor below the brush hub so they don't inhibit cloth movement and allow the brush to be mounted under a support frame. The car may then pass through a second set of wraparounds. This may also be where high pressure water streams are used to clean difficult to reach parts of the vehicle. Next the vehicle is treated with a final rinse. Many car washes utilize a "spot free" rinse of soft water, that has been filtered of the salts normally present, and sent through semi-permeable membranes to produce highly purified water that will not leave spots. After using spot free water, the vehicle is finished with forced air drying, in some cases utilizing heat to produce a very dry car.

La Habra Heights Self Service Car Wash Valuations and Appraisals

A self-service car wash is a simple and automated system that is typically coin-operated. Newer self-service car washes offer the ability to pay with credit cards. The vehicle is parked inside a large covered bay that is equipped with a trigger gun, a high-pressure sprayer and a scrub foam-brush. When customers insert coins into the controller, they can choose options such as soap, tire cleaner, wax or clear water rinse, all dispensed from the sprayer, or scrub the vehicle with the foam-brush. The number of coins inserted determines the amount of time customers have to operate the equipment. These facilities are often equipped with separate vacuum stations that allow customers to clean the upholstery and rugs inside their cars.

La Habra Heights Touchless Car Wash Valuations and Appraisals

In order to avoid scratching paint, touchless or touchfree car washes were developed. A touchless car wash uses high water pressure to clean the vehicle instead of brushes, minimizing the chance of surface damage to the vehicle. There are five primary factors to cleaning a vehicle successfully using a touchless system. These five factors are water quality, water temperature, chemistry, time, and water pressure generated by the equipment. If these factors are all set properly, vehicles will come out clean and shiny without the chance of vehicle damage caused by brushes.

La Habra Heights Full Service Car Wash Valuations and Appraisals

At full service car washes, the exterior of the car is washed mechanically with conveyorized equipment, or in some cases by hand, with attendants available to dry the car manually, and to clean the interior (normally consisting of cleaning the windows, wiping the front and side dashes, and vacuuming the carpet and upholstery). Many full service car washes also provide detailing services, which may include polishing and waxing the car's exterior by hand or machine, shampooing and steaming interiors, and other services to provide thorough cleaning and protection to the car.

La Habra Heights CA Commercial Real Estate & Home Property Appraiser

La Habra Heights CA Car Wash Valuations, Appraisals
La Habra Heights CA Date of Death Valuation, Property Tax Appraisal
La Habra Heights CA Fast Food Franchise Business Valuations, Appraisals
La Habra Heights CA Hotel – Motel Business Valuations, Appraisals
La Habra Heights CA Median Home Price and Appraisal Value
La Habra Heights CA Property Tax Assessment Appeals
La Habra Heights CA Real Estate Appraisal Review
La Habra Heights CA Real Estate Expert Witness Testimony, Property Appraiser for Divorce
La Habra Heights CA Restricted Use Appraisal Report, Review For Single User
La Habra Heights California Eminent Domain Just Compensation Appraisal
La Habra Heights Hospital & Medical Office Building Appraisal for Healthcare Property

Collins and Associates LogoCollins and Associates
La Habra Heights, CA
Phone: 562.694.4920

Contact Person:
La Habra Heights Real Estate Property Appraiser

La Habra Heights Car Wash Valuations, Appraisals: Full, Self Service, Touchless, Automatic

La Habra Heights Date of Death Valuation for Real Estate, Property Tax Appraisal

Dave Collins Property Appraiser Logo

Based near La Habra Heights, Collins and Associates provides Date of Death Valuation for Real Estate and Property Tax Appraisals. When calculating the date of death valuation for federal estate tax purposes, there are two different values that can be used: the date of death value and the alternate valuation date value.

La Habra Heights Date of Death Valuation for Real Estate

The date of the death valuation is the fair market value of the assets valued on the decedent’s actual date of death, including:
- Bank, investment and retirement accounts
- Personal effects, business interests and real estate

For publicly traded stocks, he average of the high and low prices on the date of death multiplied by the number of shares the decedent owned is used. If the death occurs on a day when the stock market is closed, then the average prices for the stock on the trading days immediately before and after the date of death are used.

For personal effects, business interests and real estate, the appraised fair market value on the date of death is used.

La Habra Heights Alternate Valuation Date

The alternate valuation date value is the fair market value of the all of assets included in the decedent’s gross estate six months after the date of death. Under the Internal Revenue Code, the Personal Representative is allowed to choose whether to use the date of death values or the alternate valuation date values.

Why would the Personal Representative choose the alternate valuation date values instead of the date of death values? Because if one or more of the estate assets have lost a significant amount of value during the six months after death, then the estate tax bill can be reduced. If the alternate valuation date values are used, however, then all of the assets must be revalued, not just ones that have gone down in value.

La Habra Heights Property Tax Appraisal

Collins and Associates provides dependable and accurate appraisals in La Habra Heights, Los Angeles County, Southern California and beyond. Principal David R. Collins is a licensed Certified General Appraiser (G.A.A., S.C.R.E.A.) with over 40 years of experience. We are an appraiser of commercial, industrial, land, income residential, and residential properties, providing the type of reliable values that banks and major lending institutions require for loans.

562.694.4920 - Call for more information and FREE CONSULTATION

La Habra Heights CA Commercial Real Estate & Home Property Appraiser

La Habra Heights CA Car Wash Valuations, Appraisals
La Habra Heights CA Date of Death Valuation, Property Tax Appraisal
La Habra Heights CA Fast Food Franchise Business Valuations, Appraisals
La Habra Heights CA Hotel – Motel Business Valuations, Appraisals
La Habra Heights CA Median Home Price and Appraisal Value
La Habra Heights CA Property Tax Assessment Appeals
La Habra Heights CA Real Estate Appraisal Review
La Habra Heights CA Real Estate Expert Witness Testimony, Property Appraiser for Divorce
La Habra Heights CA Restricted Use Appraisal Report, Review For Single User
La Habra Heights California Eminent Domain Just Compensation Appraisal
La Habra Heights Hospital & Medical Office Building Appraisal for Healthcare Property

Collins and Associates LogoCollins and Associates
La Habra Heights, CA
Phone: 562.694.4920

Contact Person:
La Habra Heights Real Estate Property Appraiser

La Habra Heights Date of Death Valuation for Real Estate, Property Tax Appraisal

La Habra Heights CA Commercial Real Estate Appraisal Review

Dave Collins Property Appraiser Logo

Based near La Habra Heights, California, Collins and Associates provides Commercial Real Estate Appraisal Reviews.

What is a Commercial Property Appraisal Review

Commercial property is any real estate or asset used to conduct business, such as: land, building structures or rental units. A commercial review on narrative and form appraisal reports requires not only knowledge of OTC, FDIC, NCUA, FNMA, IRS, and USPAP guidelines, but it also require years of experience. Our commercial property review experience includes, but is not limited to, apartment buildings, office buildings, restaurants, industrial parks, industrial buildings, schools, retail shopping centers, automotive centers, self storage facilities (mini-warehouses), vacant commercial land and other special use commercial property. The Federal Reserve has stated that financial institutions must have an effective commercial real estate appraisal evaluation program. A residential or commercial review appraiser performing reviews should have the appraisal knowledge and experience to assess compliance with the Federal Reserve Regulation 12 CFR 564.4.

La Habra Heights CA Real Estate Property Appraisal Review

The requirements below are prudent real estate property appraisal policies that should be followed on all loans. Property appraisers should provide enough information on their reports so that anyone reviewing the report can clearly and logically understand how they came to their value conclusion. Important property valuation indicators include:

- The most recent and similar comparables sales available as part of the sales comparison approach must be used.
- Verification of comparable sales with a reliable party that is not associated with the subject property.
- Two of the comparable sales must have closed within the last 60 days. One must have closed within the last 30 days. Or the appraiser to explain why one within 30 days is not available.
- At least one current listing or pending sale must be provided.
- Comparable sales must be mapped in the appraisal.
- Days-on-market for subject and comparable sales must be provided, if applicable.
- If the appraiser is unable to meet any of the above requirements, the appraiser must provide a detailed explanation as to why the requirements were not met, and if it resulted in making an adjustment to the property value.
- If an appraisal is more than 90 days old either a new appraisal or a Form 1004D (Reverification of Value) is required. If a Form 1004D is being used, it must include: A determination on whether or not the property value has declined; An indication there has been an exterior inspection of the property; and Comments on any market changes.

La Habra Heights CA Commercial Real Estate & Home Property Appraiser

La Habra Heights CA Car Wash Valuations, Appraisals
La Habra Heights CA Date of Death Valuation, Property Tax Appraisal
La Habra Heights CA Fast Food Franchise Business Valuations, Appraisals
La Habra Heights CA Hotel – Motel Business Valuations, Appraisals
La Habra Heights CA Median Home Price and Appraisal Value
La Habra Heights CA Property Tax Assessment Appeals
La Habra Heights CA Real Estate Appraisal Review
La Habra Heights CA Real Estate Expert Witness Testimony, Property Appraiser for Divorce
La Habra Heights CA Restricted Use Appraisal Report, Review For Single User
La Habra Heights California Eminent Domain Just Compensation Appraisal
La Habra Heights Hospital & Medical Office Building Appraisal for Healthcare Property

Collins and Associates LogoCollins and Associates
La Habra Heights, CA
Phone: 562.694.4920

Contact Person:
La Habra Heights Real Estate Property Appraiser

La Habra Heights CA Commercial Real Estate Appraisal Review

La Habra Heights Real Estate Expert Witness Testimony, Divorce Property Appraiser

Dave Collins Property Appraiser Logo

Headquartered in near La Habra Heights, California, Collins and Associates provides experienced real estate expert witness testimony and property appraisals for family court and divorce for commercial and residential real estate. We provide a broad scope of real estate appraisal services, including:

HUD/FHA appraisals
Mortgage refinance appraisals
Conventional lending appraisals
Determining market value for a sale
Land – raw to finished sites, including tracts
Proposed construction
Single family residence – tract to custom homes
Small income units
Apartments buildings
Commercial property – specialty car wash, motel, fast food
Industrial properties
Tax assessment appeals (reducing property taxes)
REO / Foreclosure appraisals
Business valuations and appraisals
Consulting and feasibility studies
Appraisal reviews
Real estate consulting
Attorney appraisals / Legal matters: expert witness, divorce
Accountant appraisals – date of death, family trust valuation
IRS appraisals
Feasibility studies
Rental surveys

La Habra Heights CA Commercial Real Estate & Home Property Appraiser

La Habra Heights CA Car Wash Valuations, Appraisals
La Habra Heights CA Date of Death Valuation, Property Tax Appraisal
La Habra Heights CA Fast Food Franchise Business Valuations, Appraisals
La Habra Heights CA Hotel – Motel Business Valuations, Appraisals
La Habra Heights CA Median Home Price and Appraisal Value
La Habra Heights CA Property Tax Assessment Appeals
La Habra Heights CA Real Estate Appraisal Review
La Habra Heights CA Real Estate Expert Witness Testimony, Property Appraiser for Divorce
La Habra Heights CA Restricted Use Appraisal Report, Review For Single User
La Habra Heights California Eminent Domain Just Compensation Appraisal
La Habra Heights Hospital & Medical Office Building Appraisal for Healthcare Property

Collins and Associates LogoCollins and Associates
La Habra Heights, CA
Phone: 562.694.4920

Contact Person:
La Habra Heights Real Estate Property Appraiser

La Habra Heights Real Estate Expert Witness Testimony, Divorce Property Appraiser