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Why get an Appraisal

Obtaining a loan is the most common reason for ordering an Appraisal, however there are other reasons to get one:

  • Contesting high property taxes
  • Establishing the replacement cost for insurance purposes
  • Divorce settlement
  • Estate settlement
  • Negotiating tool in real estate transactions
  • Determining a reasonable price when selling real estate
  • Protecting your rights in an eminent domain case
  • A government agency requirement
  • A lawsuit