The Definition of Real Estate Appraisals
Real estate appraisal principles are defined by the "Universal Standards of Professional Appraisal Practices," or USPAP, published by the Appraisal Standards Board. Licensed appraisers must conduct appraisals that conform to USPAP's ethical and...
edit]. In the United States, appraisals are for a certain type of value (e.g.,
foreclosure value, fair ...
specific questions about a real estate parcel's value, marketability, usefulness or
suitability. The Appraisal Defined. Professional real estate appraisers perform a ...
Scotti & Associates are Residential and Commercial Real Estate Appraisers
servicing Rhode Island and South Eastern Massachusetts from Providence RI.
: The Sales Comparison Approach compares recently-sold local similar properties to the subject property. It also had 3 bedrooms and 2 baths. We subtract the $4000 from the value to arrive at a comparable value of $146,000 for our subject Home B. More »
A valuation of property (ie. real estate, a business, an antique) by the estimate of
an authorized person. In order to be a valid appraisal, the authorized person ...
lished in 1997, the Glossary for Property Appraisal and Assessment was based
on Assessment ... and sharing definitions with colleagues. Future plans for the
...... Assessed Value—(1) A value set on real estate and personal prop- erty by a
Aug 26, 2015 ... Real Estate Glossary > A Terms > Appraisal. Definition of Appraisal ... An
appraisal is the estimation of a home's market value by a licensed ...
Marketing Time is defined as: 1. The time it takes an interest in real property to
sell on the market sub-sequent to the date of an appraisal. 2. Reasonable ...
The Online Dictionary of Real Estate Appraisal provides users with electronic
access to all the terms and definitions in The Dictionary of Real Estate Appraisal,