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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 essentially 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 value surveyor. If people require to get more on FIQL.com - The Best Source for Music and Video Playlists, we know of many resources you should think about pursuing. As determined by property appraisal the value is the fair market value. The real estate appraisal is done using different practices and the real estate appraisal values as different for difference purposes e.g the home. Be taught more on worth reading by browsing our interesting article. the real-estate appraisal might assign 2 different values to the sam-e property Improved value and bare value and again the same/similar property might be assigned different values in a residential zone and a commercial zone. This interesting image article directory has some engaging warnings for where to deal with it. Nevertheless, the value assigned as a direct result real estate assessment mightnt be the value a real estate investor would consider when assessing the house for investment. The truth is, a real estate investor might completely 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 performed by a real estate investor real estate appraisal would think of the price that the real estate investor can get from the property by getting it at a low price and attempting to sell it at a higher price as in the current. Equally, real estate investor could do their own real estate assessment for that expected value of the property in, say 2 years time or in 5 years time. Again, a estate investor might perform his real estate appraisal based on what value he/she can make by trading some amount of cash in the property i.e. a estate investor might decide on buying a dirty/scary kind of property which nobody wants and get some small repairs, painting etc done in order to boost the value of the property the value that the real estate investor would get by selling it-in the market. Therefore, here the meaning of real estate appraisal improvements completely and can be quite different from the price that real estate appraiser could turn out with if the real estate appraiser conducted a estate appraisal exercise around the house. A real estate investor will generally base his financial commitment with this real estate appraisal he does by himself or gets accomplished through someone. If you know anything at all, you will probably claim to research about investmentpropertysalmon on scriptogr.am. So, could we then term real estate appraisal as a truly real real estate appraisal?.