Monday, January 19, 2009

Appraising the appraiser

When it comes to getting the most from your real estate investments, look no further than your local real estate appraiser. See of area appraisers on Kudzu.com.

A real estate appraiser's job is to provide a written estimate of a property's market value, which is calculated using a market analysis of the prices of recent sales of similar properties in the area and the property's physical condition.

Why hire a real estate appraiser?

The most obvious reason for appraising real estate is to prepare for the sale of a property. An accurate appraisal helps the agent and seller determine a competitive price based upon the recent sales of similar properties in the area.

are conducted for a host of other reasons as well. Property owners need to know the value of what they own for tax and insurance purposes, to assess their value for rental income, for estate settlement purposes, and when they use property as collateral on a loan.

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