Remove Bankruptcy Remove Insurance Policy Remove Market Value
article thumbnail

What Kind of Appraisal?

Drishti LLC Appraisers

An insurance appraisal is also used for estate planning purposes, as well as insurance policies and claims. FAIR MARKET VALUE VS. MARKET VALUE In the situation of an estate distribution, the appraisal report is written to determine Fair Market Value, which is slightly different from Market Value.

article thumbnail

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

Artifactual History Appraisal

Most people selling items on the secondary market who aren’t professional dealers or without access to the assistance of professional dealers will find it difficult to obtain retail prices in a sale, and can more realistically expect future sale prices to be closer to the Fair Market Value and Liquidation Value levels of the market.