Appraisal services are a critical part of the real estate industry and can provide valuable information to buyers, sellers, lenders, and other parties involved in the sale and financing of a property. Appraisal services provide an impartial estimate of the market value of a property and are used to help facilitate a transaction, provide financing, and to help resolve disputes.
A professional appraisal service will typically involve the services of a certified appraiser. The appraiser will visit the property, review the market conditions, and then provide a written report with an estimated market value. The report will also include details about the condition of the property, the estimated cost of repairs, and any other factors that could affect the price of a property. This report is then used by buyers, sellers, lenders, and other parties to make an informed decision about the purchase or sale of the property.