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APPRAISAL OF REAL PROPERTYLOCATED AT: 489 MEADOWS EDGE COURT DEED BOOK 2896, PAGE 2759 CLEMONS, NC 27012FOR: ESTATE OF WILLIAM C. McIntosh % BAILEY & THOMAS P.O. BOX 52 WINSTONSALEM, NC 27102AS OF:
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How to fill out appraisal of real property

01
Gather all relevant information about the property such as its location, size, and amenities.
02
Research recent sales of similar properties in the area to get an idea of the property's market value.
03
Assess the condition of the property including any repairs or renovations that may be needed.
04
Determine the purpose of the appraisal (e.g., insurance, financing, tax assessment) as this will affect the approach and methodology used.
05
Choose a qualified appraiser who is familiar with the local real estate market and has expertise in appraising properties similar to yours.
06
Schedule an appointment with the appraiser and provide them with all the necessary documents and information.
07
Accompany the appraiser during the property inspection, pointing out any unique features or improvements.
08
Wait for the appraiser to complete their analysis and prepare the final appraisal report.
09
Review the appraisal report for accuracy and contact the appraiser if there are any discrepancies or concerns.
10
Use the appraisal report for its intended purpose, whether it's determining the market value for selling or buying a property, securing financing, or filing taxes.

Who needs appraisal of real property?

01
Homeowners who want to determine the value of their property for selling or refinancing purposes.
02
Buyers who want to ensure they are paying a fair price for a property.
03
Lenders who require an appraisal to determine the value of a property for mortgage lending.
04
Real estate agents who need to accurately price a property for sale.
05
Investors who want to assess the potential return on investment of a property.
06
Insurance companies who need to determine the replacement cost of a property for insurance purposes.
07
Government agencies who use appraisals for tax assessments or eminent domain purposes.
08
Legal professionals who require appraisals for litigation or estate planning.
09
Corporate entities who need appraisals for financial reporting or asset valuation.
10
Appraisal management companies who facilitate the appraisal process for various clients.
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Appraisal of real property is the process of determining the value of a piece of real estate, usually conducted by a certified appraiser.
Property owners or individuals responsible for managing the property are required to file an appraisal of real property.
To fill out an appraisal of real property, the individual can hire a certified appraiser or use appraisal software to input relevant information about the property.
The purpose of appraisal of real property is to determine the fair market value of the property for various reasons such as selling, buying, refinancing, or tax assessment.
Information such as property description, location, recent sales of comparable properties, condition of the property, and any improvements made must be reported on the appraisal of real property.
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