Sentences with phrase «appraisals on a single property»
Even then they may use multiple Appraisals on a single property to arrive at a conclusive number.
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Any three appraisers conducting appraisals on a single subject property most always arrive at different values for said property.
These assessors have been singling out occupied commercial properties by setting assessments based on financing mechanisms that fail to meet standard appraisal definitions of market sales, incorrectly basing taxable value on data relating to sale - leasebacks, turnkey leases and contract rights and duties associated with tenant financing.
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Even an appraiser (I worked as an appraiser / candidate for five plus years) can not do anything but give an opinion of value; get three appraisals from three different appraisers on a single property, and short of collusion, one will likely get three different opinions of value.