Appreciated Value

read moreEstate tax liability. Disposition of assets under a will or in probate. There are many situations -- none of them lacking stress and complexity -- where you might need an appraisal of property that states an opinion of what the property was worth on a date some time ago, rather than when the appraisal is ordered. For estate tax purposes or disposition of the assets of a decedent, a "date of death" valuation is often required. Attorneys, accountants, executors and others rely on Appreciated Value Corporation for "date of death" valuations because such appraisals require special expertise and training.

read moreAn appraiser's primary responsibility is to his or her client. Normally, in residential practice, the appraiser's client is the lender ordering the appraisal to decide whether to make the mortgage loan. Appraisers have certain duties of confidentiality to their clients -- as a homeowner, if you want a copy of an appraisal report, you normally have to request it through your lender -- obligations of numerical accuracy depending on the assignment parameters, an obligation to attain and maintain a certain level of competency and education, and must generally conduct him or herself as a professional.

read moreHave you heard an appraiser use any of these terms? Did you just hear one of our appraisers use it and you came here to figure out what it meant? We don't mean to speak a foreign language, but any profession has its jargon. What res ipsa loquitur is to a lawyer and triple witching is to day traders, external obsolescence is to appraisers. When comparable properties have been identified, the appraiser adjusts the value of the subject property according to differences in living area, acreage, frontage, amenities and the like.

read moreWith my faxable order form there's a barcode that prints out on the order form. When you fax it, a special software application reads the barcode. A digital copy of the order form is routed right to a special directory in our system, specific to that order, and we're notified it's arrived (even if we're out of the office!). If we do need to call for more information, we know immediately, without your fax sitting on the fax machine waiting for someone to pick it up and type it in. Your LOS might have ready-to-print appraisal requests already.

read moreI received the appraisal, I must say I have reviewed a lot of appraisals and very seldom do I find one that I can not find an error on prior to the underwriter reviewing it, very well done, you are awesome. I just have to say thank you one more time, you are wonderful for being so professional and just plain great at what you do. We are trained, educated and experienced to analyze your home, comparable homes that have sold in the area recently, adjust for time on the market, physical features, living area and dozens of other factors and provide a professional, reliable opinion of value.