@Mark Smith Let me shed some light on this as I just turned 27 last month.

In my case, since I have no proceeds, I just need to satisfy the former.To shed more light into my situation.  

Oh, and I did find that it's actually 2 parcels (parking and a shed sit on the second parcel, which is mostly a storm/sewer easement and valued at $10 by the tax assessor).  

I know this is an 8-year old thread, but wanted to shed some light.FEMA looks at the ground elevations. 

Any light you can shed in helping better understand this financing would greatly be appreciated.

The bathroom is completely gutted, and I was hoping you guys could shed some light on tub / shower combo options.  

, again I dont know where this property is, but that seems extremely low.I'll use actual numbers for the property I talked about above for reference, now dont get me wrong, tax apprasials are not a value you should base sales or purchase price off of, i just feel this property is probablly valued very low in the tax apprasial.My house, Building value $11,254Extra feature $250 (storage shed)Land market value $6,500 (yea right)puts my total apprased value at $18,004and I pay $420 a year. to be in that $390 area your tax value would have to be roughly $15k building and land value.

If anyone can shed some light or has been through a similar experience, your input is greatly appreciated.Cheers!

Anyone out there with some experience that can shed some light on this market and its potential...5, 10, 15, 20, years, No potential? 

Companies are shedding commercial real estate as fast as they can. 2) The following analogy just meant to showcase the case.