Remove Appraisal Reports Remove Quality Remove Valuation
article thumbnail

The Validity of Using Older Sales in Residential Appraisal Reports: Setting the Record Straight

Concept Appraisals

Are older stales still relevant in residential appraisal reports? In this article, we’ll explore the nuances of using older sales in appraisals and debunk the common misconceptions surrounding their validity. In this case, the appraiser may use older comparable sales as long as they explain why they are being used.

article thumbnail

The Validity of Using Older Sales in Residential Appraisal Reports: Setting the Record Straight

Concept Appraisals

Are older stales still relevant in residential appraisal reports? In this article, we’ll explore the nuances of using older sales in appraisals and debunk the common misconceptions surrounding their validity. In this case, the appraiser may use older comparable sales as long as they explain why they are being used.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Choosing the Right Appraisal Professionals for Accurate Property Valuation

Prime Appraisals

When it comes to real estate, the accuracy of property valuation is paramount. That's where appraisal professionals step in. Selecting the right appraisal professionals can make a world of difference in your real estate transactions, ensuring that you get a fair deal, whether you're buying, selling, or refinancing a property.

article thumbnail

What Documentation Do I Need for a Jewelry Appraisal

Buckhead Jewelry Appraisers

Quality and Specifications: Detailed documentation helps appraisers assess the quality and specifications of your jewelry accurately. metal purity, gemstone type, weight, and quality), as well as any unique features or design elements. Required Documentation for Different Types of Jewelry Appraisals 1.

article thumbnail

Here’s What to Look for in Choosing a Jewelry Appraiser

Buckhead Jewelry Appraisers

What is Jewelry Appraisal? An appraisal is a documented evaluation conducted by professionals to determine the value of jewelry items. Aside from simply determining the value of jewelry for insurance, jewelry appraisals are also done for estate planning, resale, and other purposes.

article thumbnail

Determining Fair Market Value Part I

International Society of Appraisers

While donors may be reluctant to share this information, it is required in Part I of Form 8283 and also appears in the IRS Preferred Appraisal Format for items valued over $50,000. Adjustments must be made for any differences in condition, quality, or other value relevant characteristic. This method is used infrequently.

article thumbnail

Understanding the Different Levels of Value: It’s Worth What Where and When?

Artifactual History Appraisal

I’ve written this basic guide as an introduction to the different levels of value so that users of appraisal services will be able to better determine what sort of appraisal reports would best suit their needs. Fair Market Value is also frequently encountered in equitable distribution and family distribution appraisal reports.