FAQs on Professional Appraisals
What is an appraisal?
An appraisal is an unbiased, independent, objective opinion of the value (worth) of an object by a qualified professional appraiser based upon observable data relative to the appropriate market(s), value approach, valuation date, and other factors.
How do I choose the right appraiser?
Choose a qualified appraiser who has been professionally trained and tested by a recognized appraisal association, has experience and education in the field of the object to be appraised, and knowledgeable in the legal, financial, and technical requirements of the appraisal.