Sentences with phrase «appraised value of the item»
If the value of your item or similar items exceeds $ 5,000, you are required to provide a certified appraised value of the item before we can complete the required section.
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It's also a good idea to get a copy of the appraised value of the item.
Not exact matches
Having the items appraised means the floater will insure the item or collection for its full value, instead of only being insured to a coverage cap.
The value of the item (s) must be deducted from the sales price and the appraised value of the property (if not already done so by the appraiser) before applying the LTV ratio.
This loan can include all of your closing costs and prepaid items in the loan amount, as long as the amount falls within the appraised value; up to 97.75 percent loan - to - value.
No idea whether if there is a successful bidder the amount bid will be less than, equal to or more than the appraised value of the auction items.
An example of an endorsement is a higher coverage amount for an appraised item with a value that exceeds what is provided in standard policy provisions.
Besides providing higher coverage limits (usually up to the appraised value) for certain valuables, you may find that a scheduled personal property rider helps protect those items from a greater number of risks.
Having the items appraised means the floater will insure the item or collection for its full value, instead of only being insured to a coverage cap.