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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. It is beneficial and can save time and avoid follow-up questions and scope of work revisions to identify the actual property to be appraised. Value Scenarios.

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

It is very helpful and can save time and avoid later questions and scope of work revisions to identify the actual property to be appraised. Helpful information includes tax parcel numbers, legal descriptions, number of buildings, building size, etc. Examples: A building owner has a single lease or multiple leases with tenants.