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The Importance of Obtaining an Accredited Appraisal

Look Appraisal

Credentialed appraisers are trained and tested by reputable organizations, ensuring that they can provide accurate, defensible valuations. For example, in estate settlements, divorce proceedings, or damage claims, an appraisal completed by a qualified appraiser is often required to prove the value of property.

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The Importance of Appraising Your Parent’s Estate, Even If You Are the Sole Heir

Harrison Appraisals

Accurate Asset Valuation An appraisal provides an unbiased and expert opinion of the fair market value of your parent’s assets. Even if you are familiar with the items and believe you have a good understanding of their worth, a professional appraisal ensures an accurate and documented valuation.

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Should I Have My Antiques Appraised for Insurance Purposes?

Harrison Appraisals

It is also important that you have your appraisal updated regularly to make sure that your valuations accurately reflect any changes in the market or condition of the item. Such a professional can provide you with an accurate and reliable appraisal of your valuable antique personal property.

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Fine Art Insurance 101

Fine Art Estates

Valuation is current market value. Con: If values go down, there is a possibility the insured will collect less than they paid for the item(s) because the valuation is based on current market values. Depending on the damage, it may not be desirable to file a claim.

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