appraiser
Differences
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| Both sides previous revisionPrevious revisionNext revision | Previous revision | ||
| appraiser [2025/12/16 10:06] – [Appraiser vs Broker] reidjs | appraiser [2025/12/17 09:47] (current) – reidjs | ||
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| * Must be **impartial and independent** | * Must be **impartial and independent** | ||
| * Uses recognized **valuation methods** | * Uses recognized **valuation methods** | ||
| - | * Prepares a written **appraisal report** | + | * Prepares a written **[[appraisal report]]** |
| * Often required by lenders for financing | * Often required by lenders for financing | ||
| Line 22: | Line 22: | ||
| * **Income Approach** | * **Income Approach** | ||
| * Based on the property’s ability to generate income | * Based on the property’s ability to generate income | ||
| - | * Uses capitalization | + | * Uses [[capitalization |
| * Common for income-producing properties | * Common for income-producing properties | ||
| Line 28: | Line 28: | ||
| * Protects the **lender and public** | * Protects the **lender and public** | ||
| * Helps ensure the property is not overvalued | * Helps ensure the property is not overvalued | ||
| - | * Appraisal may affect **loan approval and amount** | + | * [[Appraisal]] may affect **loan approval and amount** |
| ===== Appraiser vs Broker ===== | ===== Appraiser vs Broker ===== | ||
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