Real estate appraisal - 0 views

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  #1 Wrenn McKenna on 13 May 13

   

  Real estate appraisal is the true one?
  
  Real estate appraisal or property value is the process of determining the value of the property on the basis of the highest and the greatest use of real property (which ostensibly translates into determining the fair market value of the property). The one who performs this real estate appraisal geelong real estate exercise is called the real estate appraiser or property value surveyor. The value as dependant on real-estate appraisal will be the fair market value. The real estate appraisal is performed using different practices and the real estate appraisal values as different for difference applications e.g the property. the real-estate assessment might assign 2 different values to the same property (Improved value and vacant value) and again the same/similar property might be given different values in a commercial zone and a residential zone. Nevertheless, the value given as a direct result real estate assessment might not be the value that a real estate investor would consider when assessing the home for investment. In fact, a real estate investor may totally ignore the importance that comes out of real estate appraisal process.
  
  The property would be evaluated by a good real estate investor on the basis of the improvements going on in the area. Therefore as completed by a real estate investor real estate appraisal would produce the importance that the real estate investor will get out of the property by getting it at a price and selling it at a much higher price (as-in the present). Equally, real estate investor can do his own real estate assessment for that estimated value of the home in, say 2 years time or in 5 years time. Again, a estate investor inside berwick real estate might perform his real estate assessment based on what value he/she can create by committing some amount of cash in the property i.e. a estate investor might decide on buying a dirty/scary sort of property (which no body wants) and get some slight found it repairs, painting etc done in order to increase the value of the property (the value that the real estate investor could get by selling it in the market). So, here the meaning of real estate appraisal changes completely (and can be quite different from the value that real estate appraiser would emerge with property) on if a real estate appraisal exercise was conducted by the real estate appraiser.
  
  A real estate investor will usually base his financial commitment with this real estate appraisal that he does by himself (or gets done through someone). So, could we then term real estate appraisal as a really real real estate appraisal?

   

  <div class="cArrow"> </div><div class="cContentInner">Real estate appraisal is the true one? <br /> <br /> Real estate appraisal or property value is the process of determining the value of the property on the basis of the highest and the greatest use of real property (which ostensibly translates into determining the fair market value of the property). The one who performs this real estate appraisal <a href="http://www.goodspot.com.au/real-estate-for-sale/vic/geelong.html" rel="nofollow">geelong real estate</a> exercise is called the real estate appraiser or property value surveyor. The value as dependant on real-estate appraisal will be the fair market value. The real estate appraisal is performed using different practices and the real estate appraisal values as different for difference applications e.g the property. the real-estate assessment might assign 2 different values to the same property (Improved value and vacant value) and again the same/similar property might be given different values in a commercial zone and a residential zone. Nevertheless, the value given as a direct result real estate assessment might not be the value that a real estate investor would consider when assessing the home for investment. In fact, a real estate investor may totally ignore the importance that comes out of real estate appraisal process. <br /> <br /> The property would be evaluated by a good real estate investor on the basis of the improvements going on in the area. Therefore as completed by a real estate investor real estate appraisal would produce the importance that the real estate investor will get out of the property by getting it at a price and selling it at a much higher price (as-in the present). Equally, real estate investor can do his own real estate assessment for that estimated value of the home in, say 2 years time or in 5 years time. Again, a estate investor <a href="http://www.goodspot.com.au/real-estate-for-sale/vic/berwick.html" rel="nofollow">inside berwick real estate</a> might perform his real estate assessment based on what value he/she can create by committing some amount of cash in the property i.e. a estate investor might decide on buying a dirty/scary sort of property (which no body wants) and get some slight <a href="http://www.goodspot.com.au/real-estate-for-sale/vic/point-cook.html" rel="nofollow">found it</a> repairs, painting etc done in order to increase the value of the property (the value that the real estate investor could get by selling it in the market). So, here the meaning of real estate appraisal changes completely (and can be quite different from the value that real estate appraiser would emerge with property) on if a real estate appraisal exercise was conducted by the real estate appraiser. <br /> <br /> A real estate investor will usually base his financial commitment with this real estate appraisal that he does by himself (or gets done through someone). So, could we then term real estate appraisal as a really real real estate appraisal?</div>

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