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Appraisal
Also called: real estate appraisal · valuation report
An opinion of property value prepared by a qualified appraiser under applicable standards.
What it means in practice.
Lenders often require appraisals, and valuation can also inform tax, estate and transaction analysis.
Why it matters.
Appraised value can affect leverage and deal feasibility even when the investor has already identified the property.
Additional notes.
Lenders often require appraisals, and valuation can also inform tax, estate and transaction analysis.
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