Independent Appraisal

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January 1, 1 6 min read Definitions

Independent Appraisal Real Estate Valuation Property Value Impartial Assessment Financial Transactions Real Estate Appraisal Objective Valuation Property Market

An independent appraisal is a value estimate provided by an individual who does not stand to benefit financially from the property's value or its income. The independence ensures the appraisal is impartial and objective, which is crucial for making informed financial decisions.