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The Importance of Contemporary Art Appraisals

Art Appraisal Resources

The appraisal often serves as an important document which details important aspects of the items condition, medium and provenance, as well as exhibition history if known. Loan Collateral Art collectors or investors who use their contemporary art as collateral for loans may require an appraisal to determine its value as security.

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Passion Assets: A True Love of Collecting

Art Peritus

Like conventional assets such as real estate, stocks, and bonds, passion assets can also serve as collateral for loans, provided their value exceeds the debt plus interest. For example, appraisals for Fair Market Value or Marketable Cash Value guide lenders in structuring asset-backed collateral loans.

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What Does a Jewelry Appraiser Actually Do?

La Jolla Gem Appraisal

In fact, our job is to protect your interests by providing an expert, well-documented opinion of value based on careful examination and market research. We tailor the appraisal to suit the intended usewhether its for insurance, estate settlement, resale, charitable donation, litigation, or collateral loans.

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Choosing the Right Appraisal Professionals for Accurate Property Valuation

Prime Appraisals

Documentation: The appraisal report is a vital document for all parties involved in a real estate transaction. Lender Trust: Lenders use property appraisals to assess the value of collateral for mortgage loans. They address any questions or concerns and provide explanations as needed.