In a stable real estate market or when appraising traditional commercial properties, there is a pretty standard appraisal process to follow to deliver a credible appraisal report. In recent years, we’ve continued to accept the invitation from numerous clients to appraise unique and highly complex valuation assignments. It’s required us to elevate our standards and…
Category: The Appraisal Process
Navigating the Appraisal Process – What You Need to Know
While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. My goal here is to help lenders, bank reviewers and appraisers better understand the commercial appraisal process to ensure projects…