What Is Market Value – In Place and How Can It Work For You!

What Is Market Value – In Place and How Can It Work For You! The term Market Value – In Place is used lots in the business world and yet many don’t know what it is or how it can work for them. I will try to explain this phrase and by giving you an example, help you understand the... Read More

Liquidation Value, What Is It

What Is Liquidation Value It has different meanings to different people, so lets clarify what Liquidation Value means in the appraisal business. It is the price of an asset when it is allowed insufficient time to sell on the open market, thereby reducing its exposure to potential buyers, as defined by Wikipedia. There was usually some sort of financial situation... Read More

What Is Fair Market Value

What Is Fair Market Value The term “Value” can be regarded as an article’s “Worth” or “Market Place” as defined in Webster’s Dictionary. The phrase “Fair Market Value” can be defined as the price at which the property would change hands between a willing buyer and a willing seller, neither being under the compulsion to buy nor the compulsion to... Read More

What Is An Online Appraisal

What Is An Online Appraisal There appears to be a lot of questions and concerns regarding an Online Appraisal, also known as a Desktop Appraisal or Non-Inspected Appraisal. Are they legitimate, recognized by a Court of Law, by insurance companies, banks and lenders? Well, the list can go on and on! The simple answer is, Yes. An Online Appraisal is in... Read More

What Is An Appraisal Report

What Is An Appraisal Report I’ve been asked from time to time, “What do I get with an appraisal”. It’s a very good question if you’ve never had an appraisal preformed before. Besides all the requirements like pictures, gathering information, documents, and research, you get a professionally written Appraisal Report of your assets. Okay, that still doesn’t say what is... Read More