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Appraised value

The value conclusion in an appraisal as of its specified effective date. It can differ from asking price, sale price, or a tax assessment.

In an empty house, an appraiser kneels by a low table with a measuring device, a clipboard and a flashlight as two owners look on
  1. An appraiser measures the home
  2. Notes go on the report
  3. Lenders use the value

Where it matters

Keep the valuation date and purpose with the figure so later comparisons do not mix unlike estimates.

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This page is general education. The current law, program rules, and specific housing records determine how a rental home is treated. Rentari provides software and written guides, not legal advice or licensed property management.

Put this into practice with Rentari's landlord software, tenant management software and rental property management software.

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