Amalea

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於 2013年2月13日 (三) 00:08 由 Amalea (對話 | 貢獻) 所做的修訂 (新页面: Real estate appraisal is that the real one? Real estate appraisal or property valuation is the process of determining the value of the property on the basis of the highest and the great...)

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Real estate appraisal is that the real one?

Real estate appraisal or property valuation is the process of determining the value of the property on the basis of the highest and the greatest use of real property (which basically translates into determining the fair market value of the property). The one who performs this real estate assessment exercise is named the real estate appraiser or property valuation surveyor. The value as dependant on property appraisal may be the fair market value. The real estate appraisal is performed using different methods and the real estate appraisal values as different for difference purposes e.g the property. Different values might be assigned 2 by the real estate appraisal to exactly the same property bare value) and (Improved value and again the same/similar property might be given different values in a residential zone and a commercial zone. But, the value assigned consequently of real estate assessment might not be the value when evaluating the house for investment that a real estate investor would consider. In fact, a real estate investor might completely disregard the importance that happens 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 region. Therefore real estate assessment as done by a real estate investor would come up with the price 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 our). Likewise, real estate investor can do their own real estate appraisal for the estimated value of the property in, say 2 years time or in 5 years time. Again, a estate investor might perform his real estate assessment based on what value he/she can make by committing some amount of money in the property i.e. a estate investor might decide on buying a dirty/scary type of property (which no body wants) and get some minor repairs, painting etc done in order to boost 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 modifications completely (and can be extremely different from the price that real estate appraiser would emerge with if the real estate appraiser conducted a estate appraisal exercise on the house).

A real estate investor will usually base his investment decision on this real estate assessment that he does by himself (or gets done through someone). Therefore, can we then term real estate appraisal as an extremely real real estate appraisal? sponsors