Reasons for an Appraisal

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There are many reasons to obtain an appraisal. The most common reason is for a real estate or mortgage transaction, but we have compiled a list of other reasons you may need to order an appraisal.

To obtain a loan
To lower your tax burden
To establish the replacement cost for insurance
To contest high property taxes
To settle an estate
To help you make one of the largest financial decisions in your life
To provide a negotiating tool when purchasing real estate
To determine a reasonable price when selling real estate
To protect your rights in a condemnation case
To allow you to obtain a qualified appraisal report
To satisfy a government agency requirement such as the IRS
To use in a lawsuit

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