Common Questions

What is an appraisal?
It is an estimate of value for a specific property at a specific time and is the most probable price an average buyer would pay for the property, given suitable media exposure.

When is an appraisal needed?
When a prospective buyer chooses an offering price or when a prospective seller determines an appropriate selling price. Appraisals are also used to estimate the value of security offered for a proposed mortgage loan as well as providing investors with a solid base for a real estate mortgage purchase decision.

What services do you offer?

• Residential, Commercial, Land and Industrial fee appraisals
• Real estate valuation for acquisition or sale
• Consulting and appraising
• Investment analysis and consultation
• Assessment consultation
• Feasibility studies for lenders, investors or developers

Where may I get more infomation about appraisals?
Contact us or visit the Appraisal Institute website www.appraisalinstitute.com