Get the free 17-1 Current Property Valuation Worksheet

FORM 17.1 CURRENT PROPERTY VALUATION WORKSHEET Property Address: Tax & Appraisal & Replacement Value Taxed Assessed Value (as of year): $ *AV x Gross Multiplier Appraised Value (if known): $ Comparable

How to fill out 17-1 current property valuation

How to fill out 17-1 current property valuation:

1. Gather necessary information: Start by collecting all relevant documents and information about the property, such as its address, unique identification number, details about improvements, and any recent transactions.
2. Determine property value: Evaluate the current value of the property based on market conditions, recent sales of similar properties in the area, and any changes or updates made to the property.
3. Complete the required forms: Fill out the 17-1 current property valuation form provided by the appropriate government agency or organization. Ensure that you accurately enter all the requested information, including property details, ownership information, and the estimated value.
4. Attach supporting documents: Include any relevant supporting documents that can substantiate the property value, such as recent appraisals, photographs, inspection reports, and tax records.
5. Review and verify: Double-check all the information you have provided on the form for accuracy and completeness. Make sure that the form is signed and dated properly.
6. Submit the valuation: Once you have completed the form and attached the necessary documents, submit the 17-1 current property valuation to the designated authority or organization as instructed.

Who needs 17-1 current property valuation:

1. Property owners: Individuals who own a property and need to determine its current value for various purposes, such as refinancing, property tax assessment, or selling the property.
2. Financial institutions: Banks or lending institutions may require a current property valuation before granting a loan or mortgage to ensure that the property's value is consistent with the loan amount.
3. Real estate agents: Professionals in the real estate industry may need a current property valuation to provide accurate listing prices, negotiate deals, or advise clients on investments.
4. Government agencies: Various government entities may require 17-1 current property valuations for taxation purposes, land-use planning, or public records.
5. Insurance companies: Insurance providers may request a current property valuation to determine the appropriate coverage and premiums for insuring a property against potential damage or loss.

Overall, anyone involved in property transactions, financial planning, or legal matters related to real estate can benefit from obtaining a 17-1 current property valuation.

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