Sentences with phrase «appraiser estimates the cost»
In auto insurance, an appraisal is a process by which a body shop employee or auto damage appraiser estimates the cost to repair a damaged vehicle.
https://www.allstate.com/
In auto insurance, an appraisal is a process by which a body shop employee or auto damage appraiser estimates the cost to repair a damaged vehicle.
Through case studies discover the steps and concepts involved in the cost approach — how appraisers estimate the cost of constructing a reproduction of or replacement for an existing structure; the three major components of depreciation and methods for estimating and allocating depreciation; and land and site valuation.
Not exact matches
The maximum insurable mortgage is the lower of the appropriate loan - to - value ratio applied to the appraiser's estimate of value or the sum of the existing indebtedness and related closing costs and prepaid expenses for the refinance; both are described below.
• Appraisal Fee — A fee which covers the cost of having a professional appraiser evaluate a home and estimate the market value of the home.
An appraisal is often required anyways and companies typically send their own appraiser to estimate the replacement cost.
Based on Scenic Hudson's own extensive knowledge of the market and interviews with expert appraisers, the study estimates it will cost $ 720 million to conserve all 163,673 acres.
Building contractors or professional replacement cost appraisers are a good source for obtaining an estimated replacement cost of your home.
Auto damage appraisers typically have either a postsecondary nondegree award or previous work experience in identifying and estimating the cost of automotive repair.
Auto damage appraisers typically have either a postsecondary nondegree award or experience working in an auto repair shop, identifying and estimating the cost of automotive repair.
Typical duties performed by an Auto Damage Appraiser are determining the extent of damage, preparing insurance forms, delivering cost estimates, and examining financial records.
The report also notes that market premiums are statistically similar to those estimated using the income and cost approaches, methods familiar to appraisers.
The appraiser collects accurate physical data about the property being appraised, as well as other information such as lease agreements if the property is income producing, and then performs research on recent sales, listings, and cost data to arrive at their appraisal value estimate.
During a feasibility study, the appraiser will analyze the homeowner's property, weigh the cost of rehabilitation and provide an estimate of the property's value before and after the improvement.