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Can a state certified residential appraiser appraise a commercial building?
A certified residential appraiser can appraise any residential property with up to four units, regardless of value. However, they cannot appraise a commercial property.
Can a state certified residential appraiser appraise a 7-unit residential property?
A Certified Residential Appraiser CAN appraise a 7-unit residential property. There are several ways that it can be done. One example: If the 7-unit residential property sold for $1,000,000 but the transaction value is below $250,000 the Certified Residential can do the appraisal.
When do you have to have a certified general appraisal?
A Certified General Appraiser is required if the property is a non-residential property or a residential property that exceeds four units.
Can a Certified Residential Appraiser go over 1000000?
Yes, a Certified Residential Appraiser can appraise properties valued over $1,000,000, but they must comply with specific regulations and may need to hold additional credentials, such as a Certified General Appraiser license, depending on state laws. The appraiser's expertise and the complexity of the property may also influence their ability to effectively evaluate higher-value properties. It's essential for appraisers to stay updated on local regulations and market conditions when handling such appraisals.
Can a residential appraiser also appraise small commercial properties If so up to what maximum value of property?
Yes, a residential appraiser can appraise small commercial properties, but this is typically limited by the appraiser's qualifications and state regulations. The maximum value for appraisal often varies by jurisdiction and the appraiser's level of licensing or certification. Generally, small commercial properties can be appraised by residential appraisers if the property's value falls within the limits established by local laws or if the appraiser has adequate experience and knowledge of commercial appraisal practices. It's important for appraisers to adhere to the relevant standards and guidelines.
Questions to Ask During a Property Appraisal?
If you're having a property appraisal done, there are some important questions you should ask your appraiser. Make sure the appraiser is certified by asking for their certification number. Ask the appraiser where his or her office is located to get an idea of their experience with properties in the area. Finally, you should ask the appraiser how many years of experience they have to get a feel for their learned knowledge.
What is a real estate appraiser?
Real estate appraisal is the process of establishing a fair market value for real property. A real estate appraiser is a professional whose job it is to give an Opinion of Value of real property. An appraiser can appraise property for mortgage purposes, insurance purposes, tax purposes, for setting a price for a seller or for determining the value of an estate. An appraiser examines the property, takes pictures, notes any improvements or upgrades, damages or problems, studies the area, determines a rating for the general condition, uses the MLS and other databases to see what other similar homes have sold for recently, and then gives his opinion of the market value of the property.
Where can one find a Brevard County property appraiser?
You can find a Brevard County Property Appraiser at the official Brevard County Property Appraiser website, BCPAO. Once there, you can request a property review directly from the website.
Where is it possible to hire a property appraiser in Volusia county?
One can hire a property appraiser in Volusia county by looking at the local yellow pages for the information on the established property appraiser in the community.
What services are provided by Pinellas County Property Appraiser?
There are many services provided by Pinellas County Property Appraiser. The Pinellas County Property Appraiser gives appraisal values of homes in Pinellas County.
Where can one find a Nassau County property appraiser?
The Nassau County Property Appraiser is A. Michael Hickox. The office of the property appraiser can be reached by calling 904-491-7300 or 1-888-615-4398.
Where does one find a property appraiser?
One can find a property appraiser from the following sources: Appraiser USA, Indeed, Florida Property Appraisers, Appraisal Institute, OREA - Office of Real Appraisers, ASC - Appraisal Subcommittee.
