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No, it has an "as of" date. Meaning that on that date specified, that is the value of the property (which is merely the opinion of the appraiser, albeit an educated and researched opinion.) There is no implication of the value for any other date.

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Difference between effective dated appraisal and retrospective appraisal?

The effective date is the actual date that the appraiser is on the property, the market value at that specific time. A retrospective appraisal is an appraisal that gives the market value at another specific time other than when the appraisal is done. The retrospective appraisal utilizes information only up to the retrospective date. A good example for the need of a retrospective appraisal is fire, or the belief that a home was over appraised at an earlier date.


Why does the collection agency show on the credit report but not the original company?

It is there because they have purchased the account from the original creditor and are proceeding with their prescribed collection procedures. It is a legitimate entry on a credit report, and cannot be removed until the seven year expiration date. Even if the account is paid it will remain on the report marked as such, until the time limit expires.


Sample letter of incident report loss of voucher?

Explain what was lost along with the appraisal of the item. Make sure to include contact and any relevant information to hurry the process.


What is an example sentence using the word appraisal?

She was dissapointed with the appraisal of her house and wanted to get a second opinion.


What is an atb report?

Aged Trial Balance report. A report used in healthcare finance to summarize outstanding accounts receivables based on the "age" or amount of time that has elasped from the time of initial billing of the claim

Related Questions

What is confidential report?

It is a type of performance appraisal


What is annual confidential report?

It is a type of performance appraisal


What is 540 degree performance appraisal system?

It is the same as 360 degree but with the added dimension of customer feedback. and suppliers can report to appraisal performance.


What are the Importance of project appraisal report?

This is important because it works to conclude whether or not a project is viable. This saves time and money when choosing projects to push forward.


Can the homeowner get a copy of the report of what the adjusters sent to the insurance company?

Yes. As the homeowner (and policyholder) you are entitled to the report or appraisal that is completed on your property.


What is letter report?

A short appraisal report limited to property characteristics, valuation, and recommendation; a report by a title company as to the condition of the title on a specific date. A letter report gives no insurance on that title.


How long for a appraisal for house to come back?

The typical order time frame is 7-10 days. Once the appraiser has delivered the report to the lender, it may take an additional 3 days for that report to be underwritten and approved/ agreed upon, before a borrower can access the report.


How can one determine the fair market value of a home at the time of death?

To determine the fair market value of a home at the time of death, an appraisal by a professional appraiser or a real estate agent can be conducted. This appraisal takes into account factors such as the home's condition, location, size, and recent sales of similar properties in the area. The appraisal report can be used to establish the home's value for estate tax purposes or for distribution among heirs.


When is the expiration time for weekly options?

The expiration time for weekly options is typically at the end of the trading day on Friday.


What does RBM1 after drivers license expiration date mean?

RBM1 stands for "Report Before Month 1," which means that the driver needs to report to the DMV and renew their license before the end of the first month after the expiration date to avoid further penalties or consequences. It's important for drivers to renew their licenses on time to avoid any interruption in their driving privileges or additional fees.


What are the disadvantages of project appraisal?

The main disadvantages of project appraisal are cost and time. The cost of a project appraisal may outweigh the potential profit to be made. The time taken to complete the appraisal may have an effect on the company if employees have been deployed from other areas.


How long is an apraisal on a home good for?

There really is no fixed expiration date on home appraisal's but most lenders would most likely consider them outdated after six months.