Appraisal Value

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Appraisal Value

The value of a property as estimated by a person licensed to do so. The appraised value may take into account the quality of the property, values of surrounding properties, and market conditions in the area. It is important for determining the property taxes for which the owner is liable, as well as a potential sale price if the owner wishes to sell the property.
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The trial court dismissed Beverly Tech's claim and the Fourth District Court of Appeals affirmed the decision, relying on previous rulings that insurers that paid appraisal values could not be held to be in violations of the prompt payment statute.
Appraisal values rose in every region, with the Northeast experiencing a 1.34% increase in home values, and the South measuring a 0.04% bump in appraisal values.
This can help them to be more realistic when estimating the value of their home to refinance or sell." America's average home appraisal values rose 1.95 percent from March to April, according to the Quicken Loans Home Value Index (HVI)--the only measure of home value change based solely on appraisal data.
Appraisal values were an average of 0.45 percent lower than homeowners expected in December, according to the National Quicken Loans Home Price Perception Index (HPPI).
They sought an order directing the new personal representative to file an amended inventory, accounting, and federal estate tax return utilizing the Ryan sale prices, instead of the estate appraiser's appraisal values. The probate court concluded that "[b]y undervaluing the properties the residual beneficiaries receive a benefit," and "the amounts that the former personal representatives listed in [the interim accounting, inventory, and federal estate tax return] have potentially already caused the [nonfamily beneficiaries] harm."
Examples of such concerns include: "Failure to obtain current appraisals or perform adequate appraisal reviews"; "Bank frequently relied on stale appraisals"; "Inadequate control of the lending function, including appraisals"; and "Poorly explained upward adjustments to the appraisal values."
That's why current low yields have increased the appraisal values of existing products.
Actuarial appraisal values provide a sound basis for the development of an integrated measurement of strategic value and risk.
* After calculating the value of the business, this number should be examined closely for the following items: appraisal values that depend on the buyer making large down payments; and valuations based on apparently unreasonable projections of future growth in cash flow, since it depends on reduced expenditures or increased revenues.
The increase in appraisal values is due in large part to the West, where home values experienced a 1.87% jump, leading the nation.
The more homeowners and appraisers agree, the smoother the process is." Nationally, the HVI showed a slight dip in appraisal values in November with a 0.09 percent decrease from October.
Specifically, the court reasoned that the bank had a "strong incentive to be much more conservative in appraising." Additionally, the bank's valuation was far lower than the other two appraisal values, which the court decided made it less credible.