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Lorico [155]
3 years ago
6

When appraising a property your goal is:

Business
1 answer:
Julli [10]3 years ago
4 0

Answer:

b. Establish the most probable price that would be paid for a property under competitive market conditions

Explanation:

Property appraisal is the process by which real estate property value is estimated. It is an opinion by the appraiser of the value of a property at a particular period and in a particular market.

Real estate do not tend to be identical as such different properties will have different appraisal value.

Buyers can use property appraisal as a guide when paying for a property so that they can get get the most competitive price.

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