Why should you get your property professionally appraised
- To obtain the current value of a property you want to buy or sell
- When finacing or refiancing your property
- Making real estate investment decisions
- Application for a mortgage
- Determining expropriation compensation
- Feasibility studies – completion value of a development
- Preparing fiancial statements – capital gains & estate planning
- Disputing property tax assessments
- Expert testimony in negotiation, arbitration or litigation
- Establishing compensation in cases of expropriation
- Ensuring adequate insurance coverage – verifying damage claims
- Valuing property for family law – divorces, estates
- Valuing real estate for business mergers, acquistions or dissolution
- Valuing private property acquired by governement for public use