What You Need to Know about Condemnation in Appraisals
Concept Appraisals
OCTOBER 6, 2023
One term you may have heard but not fully understand is condemnation in the context of real estate appraisals. In such cases, an appraisal plays a pivotal role in determining the fair market value of the property being taken. Appraisers gather extensive market data. What is Condemnation? Why Would a Property be Condemned?
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