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  2. Uniform Residential Appraisal Report - Wikipedia

    en.wikipedia.org/wiki/Uniform_Residential...

    Site: Data on the size, shape, zoning, and access to utilities as well as FEMA flood-zone information. Contract: Information on the contract for sale is entered here for appraisals in which a change of ownership is about to occur. Subject: Basic information such as the address, legal description, owner's and/or borrower's names. The client is ...

  3. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    This is unfortunate for one of the two parties. It is the obligation of a real property appraiser to estimate the true market value of a property and not its market price. Frequently, properties are assessed at a value below their market values; this is known as fractional assessment. [5]

  4. Fair market value - Wikipedia

    en.wikipedia.org/wiki/Fair_market_value

    The fair market value of property is the price at which it would change hands between a willing and informed buyer and seller. The term is used throughout the Internal Revenue Code , as well as in bankruptcy laws, in many state laws, and by several regulatory bodies.

  5. Comparables - Wikipedia

    en.wikipedia.org/wiki/Comparables

    Comparables (or comps) is a real estate appraisal term referring to properties with characteristics that are similar to a subject property whose value is being sought. This can be accomplished either by a real estate agent who attempts to establish the value of a potential client's home or property through market analysis or, by a licensed or certified appraiser or surveyor using more defined ...

  6. What is the Erie Coke site's value? 'Less than zero,' new ...

    www.aol.com/erie-coke-sites-value-less-091507404...

    The remediation costs are one reason "the current fair market value of the Property in its actual impaired condition is less than $0.00," the appeal states. Contact epalattella@timesnews.com or ...

  7. Property tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Property_tax_in_the_United...

    Such notices may include the calculated amount of tax. The property owner may then contest the value. [13] Property values are generally subject to review by a board of review or similar body, before which a property owner may contest determinations. [14] After values are settled, property tax bills or notices are sent to property owners. [15]

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