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In this article, we’ll explore the nuances of using older sales in appraisals and debunk the common misconceptions surrounding their validity. At a minimum, the Appraiser must include the most recent and relevant sales, preferably within the last six months. 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. At a minimum, the Appraiser must include the most recent and relevant sales, preferably within the last six months. Are older stales still relevant in residential appraisal reports?
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Fair Market Value and Marketable Cash Value: Assesses the value of jewelry for resale, estate planning, inheritance, or tax purposes based on current market trends and comparable sales. It should also include the marketanalysis, type of value, and the intended use of the appraisal.
Area/Neighborhood/MarketAnalysis : The value of a property is influenced significantly by its surroundings, and this section of the appraisal report delves into those aspects. The post %%POST[link] appeared first on %%BLOG[link] We interpret your propertys story, ready to guide you in making well-informed decisions.
NEW FROM THE BLOG Wonder Women of the Art World During Womens History Month, the spotlight often shines on female artists and their profound impact on the art world. READ MORE READ MORE ABOUT TOWN Drafting a MarketAnalysis There are many nuances appraisers must consider when conducting a marketanalysis for appraisal purposes.
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