Understanding Your Appraisal: Fair Market vs. Insurance Value vs. Suggested Asking Price
What Is It Worth?
MARCH 7, 2024
You’ll need a fair market valuation and a suggested asking price. Do you want to include your item on your homeowner’s insurance policy, or do you want to donate it and/or write it off your taxes? Then you’ll need an insurance or replacement valuation. Changed your mind? No problem.
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