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  2. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    The leading appraisal organization for personal property valuation is the American Society of Appraisers which is a sponsor member of the Appraisal Foundation and awards the ASA (Accredited Senior Appraiser) designation to candidates who complete five years of documented appraisal experience, pass a comprehensive exam along with required ...

  3. Extraordinary assumptions and hypothetical conditions

    en.wikipedia.org/wiki/Extraordinary_assumptions...

    The valuation of a property with proposed improvements or partially completed improvements as if completed will require the use of an extraordinary assumption or a hypothetical condition depending on whether the date of valuation is prospective or contemporary An appraisal of a property with proposed multi-tenant improvements may involve the ...

  4. What is a broker price opinion (BPO)? - AOL

    www.aol.com/finance/broker-price-opinion-bpo...

    A broker price opinion, or BPO, is an estimate of a property’s value conducted by a real estate broker, agent or qualified realty firm. ... Broker price opinion vs. appraisal.

  5. Home appraisal vs. home inspection: What’s the difference?

    www.aol.com/finance/home-appraisal-vs-home...

    An appraisal is a process used to determine the value of a home. Usually, if the homebuyer is seeking financing for the purchase, the bank or mortgage lender will require the property be appraised.

  6. How to prepare for FHA appraisal requirements - AOL

    www.aol.com/finance/prepare-fha-appraisal...

    Appraisal vs. home inspection ... the appraiser will provide the FHA with an opinion regarding the property’s market value. Appraiser makes recommendations – If the property examination ...

  7. Sales comparison approach - Wikipedia

    en.wikipedia.org/wiki/Sales_comparison_approach

    The sales comparison approach (SCA) is a real estate appraisal valuation method that relies on the assumption that a matrix of attributes or significant features of a property drive its value. For examples, in the case of a single family residence, such attributes might be floor area, views, location, number of bathrooms, lot size, age of the ...

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