Non-Lender Appraisals
Situations where a non-lender appraisal might be needed:
An estate administrator who needs to determine the value of a property for probate or estate tax purposes
An individual who is considering purchasing or selling a property, but wants to have an independent assessment of its value before making an offer or selling
A property owner who is in a dispute with the local tax assessor over the assessed value of their property, and wants to have an independent appraisal to support their case
A divorce attorney who needs an independent assessment of a property's value in order to divide assets fairly
A non-lender appraisal is a property valuation that is conducted independently of any involvement from a financial institution. These appraisals are typically requested by individuals or businesses who need an accurate assessment of a property's value but are not involved in a mortgage or loan transaction.