Real Estate Appraisers Locations, Interactive Maps, Phone, Website and More
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Background and History
A real estate appraisal is a service performed, that has to be performed by a licensed appraiser in that state, who develops an opinion of value based upon the highest and best use of real property. The highest and best use is that use which produces the most probable value for the property. This use is based on 4 parts; physically possible, appropriate, legal and economically feasible. Also of importance is the definition of the type of value being developed and this must be included in the appraisal, ie market value, condemnation value, quick sale value, etc. For improved residential property, this value is most often reported on a standardized form, the Uniform Residential Appraisal Report.
In the USA minimum appraisal standards and appraiser... more
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