1st Choice Appraisal is an appraisal company located in the Inland Empire, in Redlands, CA. We provide fast turnarounds on all appraisals, accurate reporting and quality customer service.
We take pride in providing the following:
- Residential Appraisals
- Accurate Reporting
- Fast Turnaround Time
- Quality Customer Service. Your client is important to us!
Please take some time to look at our website, and feel free to contact us with any questions you may have.
About Real Estate Appraisal
Real estate appraisal is the practice onlinedissertationservice.com of developing an opinion of the value of real property, usually its Market Value. The need for appraisals arises from the heterogenous nature of property as an investment class: no two properties are identical, and all properties differ from each other in their location - which is the most important determinant of their value.
A real estate appraisal is performed by a licensed or certified appraiser. If the appraiser’s wikiessays.com opinion is based on Market Value, then it must also be based on the Highest and Best Use of the real property. For mortgage valuations of improved residential property in the US, the appraisal essaywriter24.com is most often reported on a standardized form, such as the Uniform Residential Appraisal Report. Appraisals of more complex property (e.g. — income producing, raw land) are usually reported in a narrative appraisal report.