An appraised value is an estimate of a property's worth, calculated by a licensed appraiser during the home-buying process.
ASKED refers to the amount a property owner sets as the selling price for their property. This figure might differ from its appraised, market, or assessed value.
Fannie Mae Form 1004 and Form 2055 are standard appraisal forms utilized by appraisers to report the appraised value of residential properties.
Investment analysis is the evaluation of the potential returns from real estate investments, helping assess the amount an investor should pay and the investment’s suitability. The analysis encompasses various methods to estimate returns based on multiple assumptions and investment horizons.
