In the previous blog, we touched upon the various key elements that are considered while understanding a valuation process. Along with possessing knowledge on the dynamics of the real estate market,
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Get to know more about the key elements of the valuation process.To many, inspections are the main task of the appraiser. The truth is that this is just one among the important task that is performed by the appraiser.
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Here are the key elements of the process Scope of work ; the extent of research work involved and the analysis of an appraisal assignment includes.The degree according to which the property …
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We’ve already read about the importance of having an AIC designated appraiser. In this blog we will look into the key factors that we need to consider while hiring an AIC designated appraiser…
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The CUSPAP is an abbreviation for Canadian Uniform Standards of Professional Appraisal Practice. This was first introduced in January 2001. Here, we will reflect on the 2020 edition of CUSPAP. The 2020 edition reflects upon the expanding role of the professional within the appraisal Institute …
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In financial terms, a current market value is nothing but the approximate current resale value. A CMV offers the interested parties an approximate cost to enter into a particular transaction. The sale price in an arms length transaction is usually the current market value…
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When it comes to professional residential appraisal service you will need nothing but top-class professionals to do your appraisal. Before you engage in the activity of mortgaging, developing or selling your property, you will need an expert AIC designated appraiser …
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An appraisal is nothing but an opinion or an estimation regarding the fair market value of a property.
Estimating the fair market value of a property is extremely important for financing, sales listing, taxation, estate, separation and many other legal purposes…
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