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Appraisal Methods |
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Appraisal MethodsGenerally, three major methods of appraisal: Cost Approach, Income Approach, Market Value (comparables) Approach.Appraisal Methods Similar MatchesAppraisalAppraisalA professional evaluation of the value of a home or other piece of property. It is often required by a lender. AppraisalAppraisalAn opinion of value based upon a factual analysis. Legally, an estimation of value by two disinterested persons of suitable qualifications. Appraisal rightsAppraisal rightsA right of shareholders in a merger to demand the payment of a fair price for their shares, as determined independently. Appraisal reportAppraisal reportA detailed written report on the value of a property based on recent sales of comparable sites in the area. Appraisal feeAppraisal feeThe fee an appraiser charges for an estimate of the market value of the property. Further SuggestionsJoint AppraisalReal estate appraisal |
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