How DNVR Group Evaluates Real Estate Opportunities
A practical framework for reviewing property facts, ownership, title, condition, pricing, timeline, documents, and the transaction path before deciding whether an opportunity can move.
1. Define the objective and each party’s position
The first question is not “What is the property worth?” It is “What outcome is being pursued, and who has the legal and practical authority to pursue it?” The party may be an owner seeking a sale, a buyer under contract, an investor evaluating an acquisition, an operator pursuing a project, or another participant coordinating a transaction.
Owner
Confirm vesting, signing authority, decision-makers, desired proceeds, timing, occupancy, and known obligations.
Contract holder
Review the executed agreement, assignment or disposition rights, deadlines, deposits, contingencies, disclosures, and restrictions.
Buyer or investor
Clarify acquisition criteria, capital, financing, diligence, decision process, operating plan, and closing capacity.
Coordinator or partner
Define the actual role, authority, compensation, required relationships, and who owns each next step.
2. Understand the property and current condition
A property description should be specific enough for someone unfamiliar with the opportunity to evaluate it. Address, property type, units, size, year built, current use, occupancy, access, utilities, known defects, environmental concerns, and recent repairs all affect the transaction.
Condition information commonly reviewed
- Exterior, interior, roof, foundation, structure, mechanical, electrical, and plumbing condition
- Deferred maintenance and immediate safety issues
- Photos, video, inspection reports, estimates, and insurance claims
- Tenant status, leases, delinquency, relocation, or access constraints
- Permits, zoning, code violations, and unpermitted improvements
- Environmental, flood, fire, mold, lead, or other property-specific concerns
3. Verify ownership, title, liens, and authority
A deal cannot close cleanly if the party offering it lacks authority or if unresolved obligations exceed available proceeds. Early disclosure of title and ownership issues gives the transaction a better chance of being structured realistically.
| Item | Questions | Potential impact |
|---|---|---|
| Vesting | Who is on title? Is ownership individual, joint, trust, estate, or entity? | Determines signatures and authority. |
| Mortgages and liens | What is owed? Are payoffs current? Are there judgments or UCC interests? | Affects net proceeds and closing. |
| Taxes and HOA | Are property taxes, assessments, dues, or violations outstanding? | May create payoff or clearance requirements. |
| Probate or inheritance | Has authority been established? Are all heirs or representatives identified? | Can materially affect timing and execution. |
| Entity authority | Who can bind the entity? Are resolutions or operating documents required? | Controls contract and deed execution. |
| Contract rights | Is assignment permitted? What deadlines, notices, and approvals apply? | Defines whether the proposed disposition path is available. |
4. Evaluate the economics and price expectations
A workable price depends on the property, condition, market, title, timeline, income where applicable, repair scope, transaction costs, financing, holding cost, and intended exit. Asking price alone does not establish value.
For an owner-occupied or vacant property
Review comparable sales, current competition, condition adjustments, repair scope, access, marketability, closing costs, payoffs, and timing.
For an income-producing property
Review rent roll, leases, collections, operating expenses, taxes, insurance, utilities, repairs, vacancy, net operating income, capitalization assumptions, and deferred maintenance.
For an investor or redevelopment opportunity
Review acquisition basis, repair or construction budget, carrying cost, permits, financing, schedule, contingency, expected sale or stabilization value, and execution risk.
5. Match the strategy to the real timeline
Deadlines shape the buyer pool, diligence, financing, title work, and closing process. A transaction involving foreclosure, auction, probate, tenant relocation, a contract expiration, an exchange, or another event needs an accurate calendar.
- Identify hard deadlines. Confirm dates from actual notices and agreements.
- Work backward. Allow time for access, inspection, title, payoffs, financing, documents, signatures, and funding.
- Assign owners. Each open item needs a responsible party and due date.
- Escalate blockers. Missing information and unrealistic expectations should be addressed early.
- Document the decision. Move forward, restructure, pause for missing information, or decline the current path.
What to submit for an initial real estate review
- Property address and type
- Your relationship to the property and authority to act
- Ownership or executed contract information
- Asking price, desired proceeds, and known payoff
- Current condition, occupancy, photos, and access details
- Known liens, taxes, title, probate, HOA, or code matters
- Rent roll and operating information where applicable
- Important dates and desired closing timeline
- The actual outcome you want DNVR Group to evaluate
Submission does not guarantee an offer, acquisition, representation, financing, contract, or closing. It creates the factual starting point for a review.
Related: DNVR Group Real Estate Services and Selected Transactions and Work.
