Sumaria Global, LLC

We routinely advise potential investors to read and understand all provisions of contractual agreements, and not to rely on verbal promises by commissioned salespersons. The market value of an investment property should be critical to your decision to lend your funds or purchase a promissory note because there is a possibility that the only way to recover your investment is through the sale of the Property. Therefore, the market value of the property should be correctly estimated and the total loan-to-value ratio properly analyzed. This information should be made available to you before you commit your money to the transaction.

The sale price, the cost to build, or the value in use to a specific owner does not necessarily represent the market value of the Property. A market value opinion requires consideration of comparable sales and other market data by a competent professional. The market value conclusion may be presented in the form of an appraisal report. While the borrower customarily pays for the cost of the appraisal report, either you or the MLB usually retain the appraiser’s services to prepare the report, which should be reviewed by you in advance of funding the loan or purchasing the promissory note. You should make every effort to inspect the Property which will be the security for your investment.