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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. After all, it is a detailed activity that can look different depending on the scope and nature of your property. In short, a commercial property appraisal determines the fair market value of your property.

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Mortgage Term Glossary

Assurance Financial

After the introductory period ends, the rate adjusts based on the market rate on a set schedule. The first number refers to the length of the introductory period, while the second is how often the rate can adjust. Amortization is the process of paying off a loan over a set period. Assessed Value. Fair Market Value.

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Desktop And Drive-By Appraisals: Helpful Or Harmful?

AmeriMac

In other situations, it is mandated by a buyer’s financial institution to help prevent them from overpaying on a piece of property. It’s a process that is useful for a wide range of reasons that go beyond stopping someone from spending too much on a new home. Yet at the same time, not all appraisals are conducted equally.

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8 Home Appraisal Cost Factors in BC: What You Need to Know

D Fritz Appraisals

A home appraisal is a legal document that determines fair market value for a property. The appraisal process includes an inspection of the property and research of comparable properties in the local area by a qualified professional.

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