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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. The location also plays a key role in valuation.
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.
TAF carries out its work through two divisions – the Appraisal Standards Board (ASB) and the Appraiser Qualifications Board (AQB). The latter group sets forth minimum qualifications for appraisal licensure, and its work has been adopted by all states and territories. The ASB maintains USPAP, and issues updates in January of even numbered years.
The organization was formally formed in 1952, after consolidation of two prior appraisal organizations, The American Society of Technical Appraisers (ASTA), and the Technical Valuation Society (TVS). [2]
The Appraisal Foundation (TAF) is the United States organization responsible for setting standards for the real estate valuation profession. The organization sets the congressionally authorized standards and qualifications for real estate appraisers, and provides voluntary guidance on recognized valuation methods and techniques for all valuation professionals.
PT Jaminan Kredit Indonesia (Jamkrindo) is a part of one of Indonesia's state-owned enterprises and is a component of PT Bahana Pembinaan Usaha Indonesia (Indonesia Financial Group), operating in the field of credit guarantee, both conventional and sharia. [1] It is the only state-owned enterprise tasked with providing guarantees. [2] [3] [4]
“An appraisal is always in the best interest of the buyer, as it will assess the value of the property and help the buyer have confidence in the purchase price of the home,” says Jackie Boies ...
[2] [3] The entire project should be objectively appraised for the same feasibility study should be taken in its principal dimensions, technical, economic, financial, social and so far to establish the justification of the project or project appraisal is the process of judging whether the project is profitable or not to client or it is a ...