There
are many reasons to obtain an appraisal. The most common
reason is for Real Estate and Mortgage Transactions, but
we have compiled a list of other reasons you may need to
order an appraisal:
- to
obtain a loan.
- to
lower your tax burden.
- to
establish the replacement cost of insurance.
- to
contest high property taxes.
- to
settle an estate.
- to
help you make one of the largest financial decisions
in your life.
- to
provide a negotiating tool when purchasing real estate.
- to
determine a reasonable price when selling real estate.
- to
protect your rights in a condemnation case.
- to
allow you to obtain a qualified appraisal report.
- because
a government agency such as the IRS requires it.
- you
are involved in a lawsuit.
When To Order An Appraisal