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Reasons for an Appraisal

Appraisals are normally ordered when you are obtaining a loan on a property. However, there are many other reasons why you might want an appraisal.

 

  • To dispute your property taxes
  • To establish the replacement cost for insurance purposes
  • To settle a divorce
  • To settle an estate
  • To buy out a partner
  • To help negotiate a purchase price either as a buyer or as a seller
  • To satisfy the IRS
  • To settle a lawsuit
  • To protect your rights in a condemnation case