Remove Market Value Remove Sales Comparison Approach Remove Valuation
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What You Need to Know about Condemnation in Appraisals

Concept Appraisals

In such cases, an appraisal plays a pivotal role in determining the fair market value of the property being taken. The Role of the Appraiser in Condemnation An appraiser is tasked with determining the fair market value of the property. This is crucial for ensuring that the property owner receives a just valuation.

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What Kind of Appraisal?

Drishti LLC Appraisers

CURIOSITY If you are simply curious about the value of an artwork or collection, a restricted appraisal will help you. A restricted appraisal is a written appraisal that provides a valuation, but information is for the client only and cannot be shared with anyone else. It is not used for forced sale or bankruptcy situations.

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The Appraisal Report: What It Includes and Why It Matters

Concept Appraisals

Their expert knowledge, in-depth understanding of valuation methodologies, and unbiased approach equip them to provide an accurate and fair valuation of a property. Approaches to Value : The appraiser uses one or more established methodologies to arrive at a property’s value.