1)Insurance Appraisals. This is based on the replacement value. Focus on how much the house can be rebuilt. More on structure, not on land.
2)County Assessment. For tax purposes. Done annually. Usually based on purchase price(in California). For re-assessment, based on census tract value(prorated on sqft).
3)Appraisal used by lenders. Valid only for 4 months since the property value changes fast. Focus on comparables.
Different appraisals for Different Purposes
所有跟帖:
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可是county的assessment也分地和房子两部分啊,而且也看公司,
-金色风铃-
♀
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02/27/2010 postreply
17:11:07
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方法不一样,公式不一样,结果不一样。
-RE8888-
♂
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02/27/2010 postreply
23:26:47