South Carolina Mortgages & Home Loans - SC Mortgage / South Carolina Real Estate - SC Real Estate


Why get an Appraisal PDF Print E-mail
User Rating: / 0
PoorBest 
Written by Tamara Schmitt   
Monday, 07 November 2005
The most common reason for ordering an appraisal is to obtain a loan on a property. However, there are several other reasons why an appraisal might be needed. Below are just a few:
  • to establish the replacement cost (insurance purposes).
  • to contest high property taxes.
  • to settle a divorce.
  • to settle an estate.
  • to use as a negotiation tool (in real estate transactions).
  • to determine a reasonable price when selling real estate.
  • to protect your rights in an eminent domain case.
  • because a government agency requires it.
  • lawsuit.
Last Updated ( Tuesday, 22 August 2006 )
 
[ Back ]
2423641 Visitors