What does a professional appraisal involve?
A professional appraisal requires your cooperation and the appraiser’s complete attention to detail in order to attain an accurate valuation of your properties. As a professional, the appraiser is required to exercise due diligence just like your attorney, CPA, or investment adviser. To satisfy Trust Officers, Insurance Underwriters, the Courts, and the IRS, a written report is mandatory. Reports for these officials consist of a thorough examination of each object, in-depth market research and analysis of comparable objects, and the preparation of a final report. In most instances, written reports include color digital photographs of your properties imbedded within the text of the report. Appraisers charge by the hour so it is in your best interest to facilitate the on-site work of the appraiser. To learn more about how you can help, click on this link “Preparation by the Property Owner Before the Appraisal.” On average, for every hour spent on-site, two additional hours off site are n
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