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  2. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value). Real estate transactions often require appraisals because every property has unique characteristics.

  3. Uniform Standards of Professional Appraisal Practice

    en.wikipedia.org/wiki/Uniform_Standards_of...

    Uniform Standards of Professional Appraisal Practice (USPAP) can be considered the quality control standards applicable for real property, personal property, intangible assets, and business valuation appraisal analysis and reports in the United States and its territories. USPAP, as it is commonly known, was first developed in the 1980s by a ...

  4. Fair market value: What it is, how it’s calculated - AOL

    www.aol.com/finance/fair-market-value-calculated...

    No. Fair market value is an estimation of a property’s worth, typically determined by a real estate professional based on factors such as condition, location and the market value of comparable ...

  5. Market value - Wikipedia

    en.wikipedia.org/wiki/Market_value

    Market value is the most commonly used type of value in real estate appraisal in the United States because it is required for all federally regulated mortgage transactions, and because it has been accepted by US courts as valid. However, real estate appraisers use many other definitions of value in other situations. [5]

  6. Fair market value - Wikipedia

    en.wikipedia.org/wiki/Fair_market_value

    The fair market value is the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts. United States v. Cartwright, 411 U. S. 546, 93 S. Ct. 1713, 1716-17, 36 L. Ed. 2d 528, 73-1 U.S. Tax Cas.

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

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

    Here, we break down some of the major differences between a home appraisal vs. a home inspection. What is a home appraisal? An appraisal is a process used to determine the value of a home. Usually ...

  8. 8 home value estimator websites compared - AOL

    www.aol.com/finance/8-home-value-estimator...

    One of the most difficult aspects of the real estate market is estimating the value of a home. With local market conditions changing all the time, it can be hard to accurately price a property. In ...

  9. California Bureau of Real Estate Appraisers - Wikipedia

    en.wikipedia.org/wiki/California_Bureau_of_Real...

    The California Real Estate Act has two core components: licensing and enforcement. [1] [2] Both licensing and enforcement functions are required by the Appraisal Subcommittee (ASC), the federal government organization which oversees all state real estate appraiser licensing agencies. [2]

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