Real estate appraisers are problem solvers.
Basically, they assemble a series of facts, statistics, and other
information regarding specific properties, analyze these data,
and develop value estimates. Each appraisal assignment challenges
the appraiser's ability to put analytical skills into practice,
exercise sound judgment, and communicate effectively with people.
An appraisal is an opinion of the quality,
value, or utility of a specific property. Appraisals may be required
for just about any type of property, including single-family homes,
apartment buildings and condominiums, office buildings, shopping
centers, industrial sites, and farms. The reasons for performing
a real estate appraisal are just as varied. An appraisal may be
required:
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for mortgage lending purposes
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for tax assessments and appeals of
assessments
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during negotiations between buyers
and sellers
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when the government acquires private
property for public use
-
for pending business mergers or dissolutions
In short, appraisals are usually required
whenever real estate is sold, mortgaged, taxed, insured, or developed.
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to find out about becoming an appraiser