Appraising a multi-family property is usually more complicated than appraising a single-family home.  Two-, three-, or four-unit buildings are sometimes subject to confusion when it comes to arranging a loan for purchase or refinancing.  Generally, appraisers use the 'market value' approach when appraising these properties, but also must consider the 'income' approach. The purpose of an apprais...
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By in Residential

Typically for couples, the marital residence is the most expensive asset obtained during the marriage.  Whether you or your spouse wishes to retain the home after the divorce, it is important that a fair and accurate value is obtained for purposes of property division.  In this situation, an attorney will require an appraisal to settle divorce or estates for equitable distribution of property base...
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By in Legal Services