The Real estate appraisal is real one?
The process of determining value of a property on the basis of the highest and the best use of real property is known as The Real estate appraisal or property valuation.
The person who provides this service is known as Real estateAppraiser. Value which is determined by Real estate appraisal is the also called fair market value. The real estate Appraisal is done using various methods and the real estate appraisal values the property as different for different purposes, the real estate appraisal might assign different values to the same property (Improved value and vacant value) and again the same property might be assigned different values in a Residential zone and a commercial zone. However, it is not the necessary that the value assigned by real estate appraisal will be considered by real estate investor. In fact the investor might fully ignore the value that comes out of real estate appraisal process.
On the basis of development a good real estate investor evaluates the property.
So real estate appraisal done by a real estateinvestor can come up with the value that the investor can get out of the property by buying it at a cheap price and selling it at a much higher price (as the case in present). Similarly, real estate investor ...


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