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3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. Now, here is a word of caution: federal lending requirements and appraisal standards do not allow lenders (or property owners) to “pressure” the appraiser into “hitting” a target number.

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3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

Reason #1: The Range of Value The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. We have all seen how the national economy affects property values. A change in the local economy can also raise or lower local property values.

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

The Robert Weiler Company

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. The information that arises helps enlighten those who own, manage, sell, lend money, or invest in commercial real estate property.