I would like to help you understand what to expect during the appraisal process by sharing some information on how appraisers reach their property value estimates.
Here are some of the factors that appraisers Joni L. Herndon of Real Property Analysts/Gulf Coast in Tampa, Fla., and John A. Hillas of Hulbert & Associates Inc. in Modesto, Calif., say they consider when determining value.
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Source: by Barbara Ballinger, April 2009, realtor.org