Appraisal Report

An appraisal report is a detailed document prepared by a professional appraiser that estimates the value of a property, such as a home or commercial building. It considers factors like location, size, condition, recent sales of similar properties, and market trends. This report helps lenders, buyers, and sellers understand the property's worth, ensuring fair transactions. It provides a transparent, unbiased opinion based on thorough analysis and data, serving as a key tool in real estate negotiations and financing decisions.