When Do You Need Appraisals and Valuations?
When Do You Need Appraisals and Valuations?
There are various reasons why individuals may need to obtain an appraisal or valuation of property. These reasons include buying or selling a home, seeking financing for a business, or preparing for its sale. The information included in an appraisal or valuation depends on the characteristics of the assets and the nature of the transaction. It is important that the individuals conducting the appraisal or valuation are independent and possess specialized knowledge, education, and experience.