Member Information
Get Connected
Reading/Career
Search by Category
 Appraisal
 
 
 Appraiser Training
 



Appraisers

IN Appraiser
Larry Wise
11430 Welsford Ct
Fort Wayne, IN 46814
Show Phone Number
Send Email Visit Website



  • Home

  • About Us

  • Services

  • About Appraisal

  • What is a Home Appraisal?

  • Appears in Categories
  • Residential Property

  • Adams Appraiser
    Allen Appraiser
    Blackford Appraiser
    De Kalb Appraiser
    Grant Appraiser
    Huntington Appraiser
    Kosciusko Appraiser
    Lagrange Appraiser
    Noble Appraiser
    St. Joseph Appraiser
    Steuben Appraiser
    Wabash Appraiser
    Wells Appraiser
    Whitley Appraiser
     

    Wise Appraisal Services, LLC



    About Appraisal

    Understanding an Appraisal Report

    An appraisal is an estimate of the value of a specific property. The appraisal report is a detailed description of the process the appraiser used to reach the estimated value he placed on the property.

    Appraisals can be delivered as an oral report, a letter report, a form or a narrative report. Narrative reports are the most complete appraisal format. A typical narrative report will contain the following sections and information:

    •  An introduction – which is used to establish the appraisal's purpose and to state any limitations that may exist

    •  A factual descriptions section – which may include: photographic identification of the property; area, city, neighborhood and location data; zoning and taxes data; site data; description of improvements; and history

    •  A data analysis section that includes the appraiser's opinions – items in this section may include: market analysis; highest and best use of the land, as though vacant; highest and best use of the property, as improved; land value; sales comparison approach; income capitalization approach; cost approach; and reconciliation of the value indications to a final value estimate

    •  An addendum – that contains a detailed legal description; detailed statistical data; leases or lease summaries; and the appraiser's qualifications


    Reading an Appraisal Report

    Each part of an appraisal report should have a distinct purpose and should add to your understanding of the basis for the value determination.

    Sections should build on one another and point to the same conclusion. Information used to make adjustments and reconciliation in the last portions of the report should be drawn from earlier sections.

    At Wise Appraisal Services, LLC, we specialize in delivering high-quality appraisals that are easy to understand. We will also answer your questions, provide relevant recommendations, and work with you to resolve any issues that may arise in the quickest, most convenient manner possible.


    Wise Appraisal Services, LLC
    About Appraisal



  • Home
  •   
  • About Us
  •   
  • Services
  •   
  • About Appraisal
  •   
  • What is a Home Appraisal?


  • Search by Zip
      Enter Zip  search
    Contact Appraisers near you.
    Firstname *
    Lastname *
    Email *
    Phone *
    Alt. Phone
    Zip *
    Brief reason to contact *

     
    More information...
    Real Estate Appraiser Training
    Marketing is highly essential for the success of a real estate business. Since majority of the home buyers use the internet to shop for homes, it has made important for the realtors to ...
    Classes In Real Estate - For Buyers or Realtors
    If you’ve ever played the game of monopoly, you’ve had that great feeling of snatching up Park Place and Broadway at least once or twice, then waiting patiently to build hotels everywhere...
    5 Things to Look for in a Property Appraiser
    Homeowners who are seeking a property appraiser often ask “How should I choose which real estate appraiser to use?” When selecting a property appraiser...
    Real Estate in California
    The prices of the properties continue to climb in the suburbs cossues of California, but at intervals slower than front. For example, since the year 1998...
    Real Estate Licenses
    A real estate license is the key to a lucrative career in the real estate industry. A real estate license is a powerful tool in the property business....
    Taking an Online Real Estate Training Course
    Starting a career in real estate is not as easy as it seems. All state governments require practitioners in the industry to be properly licensed, and there are different types of licenses depending on...
    Real Estate Agent Salaries
    The real estate business can be a lucrative job option. However, the job of a real estate agent may not be a full-time career option for a large number of people....
    How to Get Your Real Estate License
    Real estate business is presently a topmost business to make money. Several people want to make career in this business but a real estate license is the basic requirement to perform real estate...
    Why Do You Need a Real Estate Appraisal?
    Anytime you buy or sell real estate, you need a real estate appraisal. The primary purpose is to find out exactly how much your property is worth....
    Real Estate School
    As you may know, buying a home involves many different decisions about where you will live and for how many years. Along with geographical decisions...
    How Important is a Real Estate Appraisal?
    A real estate appraisal is necessary any time you buy or sell any kind of real estate. The purpose for an appraisal is to find out the value of a piece of property....
    How to Become a Real Estate Appraiser
    Learning how to become a real estate appraiser starts with an introduction to the work itself. Real Estate Appraisers will either work for themselves or are part of a larger company....

    Site Map | RSS Feeds | Articles | Jobs | Links | All Members | Popular Searches | Popular Questions