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Real Estate Appraisal

The property valuation or land valuation is the process of valuing real property. The value usually sought is the property’s market value. The appraiser usually provides a written report on this value to his or her client. These reports are used as the basis for mortgage loans, for settling estates and divorces, for tax matters, and so on. Sometimes the appraisal report is used by both parties to set the sale price of the property appraised.

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