A real estate appraisal is supposed to be an expert`s opinion of the fair market value of a property. The classic appraisal definition is an estimate of a property`s fair market value when the buyer ...
A real estate appraisal is supposed to be an expert`s opinion of the fair market value of a property. The classic appraisal definition is an estimate of a property`s fair market value when the buyer ...
Imagine a devastating fire renders your rental property uninhabitable. You dig out your insurance policy and are relieved to find that you are insured up to the “actual cash value” of the building.
Investment appraisal is a way that a business will assess the attractiveness of possible investments or projects based on the findings of several different capital budgeting and financing techniques.
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