The income approach to real estate valuation is a method of appraising or assigning a value to a piece of real estate based on its ability to generate income. It is one of three approaches to appraisal. These three approaches are:
No title search is complete without a lien search. If liens are not settled or at least dealt with, the sale or transfer of property might be stopped in its tracks. This could mean the time and money the buyer expends on deposits and due diligence is wasted. It could also mean a possibly disastrous continuation of carrying costs for the seller. No one wants that, so it’s critical to learn how to find liens on a property.