- I already bought Vacant property insurance on personal name, will it be still valid when I transfer to my corporation which is solely owned by me. 

He validated that my policy was a good one.   

A recent deal here was a NNN for $5m including a national casual dining place and a large gas/convenient store with a 5% cap rate. 

@Nikki HarmonYou are completely validated in your reasoning and I am sorry that you had a poor experience.

Since that is the case most lenders who will accept this as a valid reserve account will only allow a percentage of the current value to be used .

Or will there have to be another appraisal since it is only valid for that one date in time?

Is this a valid way to look at it since there are no apples-to-apples comps?

You might want to hold a drawing where brokers, agents, or buyers put in a fish bowl what they think the property should sell for in it's current condition and you have multiple winners for gas cards, restaurant cards etc.People love to win stuff and it gives you a reason to call them  back plus when you say to a seller it is overpriced it  can fall on deaf ears.

Hey @Sean Calhoun, valid point about it not being a foreclosure market and that's really what Property Radar specializes in.... what did you decide to do?  

I work in the oil and gas industry but due to the recent downturn, work has been slow and I believe real estate will be a new door towards building financial stability for my family.