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How Remaining Economic Life Works

Cleveland Appraisal Blog

To make this determination, the appraiser must first determine the Highest and Best Use of the land. How can we determine how much time is left before a home no longer contributes value to the property? We are going to need to obtain reliable data to calculate the replacement or reproduction cost of a home. Here’s one way.

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Home Appraisal 101: Maximizing the Value of Your Home

Chicagoland Appraisal Blog

Some appraisers work separately and have their own private businesses while others may work for a bank or an appraisal firm that employs many appraisers. . What Is the Home Appraisal Process? Is a Real Estate Appraisal the Same as a Home Appraisal?

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7 Top Tips for a Great Home Appraisal: A Checklist to Prepare Your Property

PennyMac

Whether you’re selling your home to begin a new adventure or refinancing your existing home, getting an appraisal with the value you want is an important hurdle to clear. You may feel that the appraisal process is out of your control, but there are many easy and inexpensive ways to get both yourself and your home ready.

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Tools To Support Appraisal Adjustments

Appraisal Today

With the plethora of data available today, could an appraiser living hundreds or even thousands of miles away gain sufficient knowledge of local market conditions, trends, and regulations to produce accurate and reliable appraisals? And could it actually be a benefit to not live in the immediate geographic area?

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