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RESIDENTIAL APPRAISAL REPORT Property Location: 38965 Chestnut Ridge Rd Elyria, OH 44035 ROBIN PARK SUB #2 94.65 × 135.45 S/L 38 1990598204 Borrowers: Patrick, George R Lender: PNC Bank 2730 Liberty
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What is residential appraisal report?
A residential appraisal report is a document prepared by a licensed appraiser that provides an estimate of a property's value.
Who is required to file residential appraisal report?
In most cases, a lender or financial institution is required to file a residential appraisal report when a property is being financed.
How to fill out residential appraisal report?
To fill out a residential appraisal report, the appraiser will gather information about the property, analyze market data, and provide a value estimate based on their findings.
What is the purpose of residential appraisal report?
The purpose of a residential appraisal report is to establish an unbiased opinion of a property's market value for lending or other purposes.
What information must be reported on residential appraisal report?
A residential appraisal report typically includes details about the property, comparable sales data, and the appraiser's analysis and conclusions.
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