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Who will benefit by an appraisal?
The Individual
For the purpose of
purchase or sale, insurance, tax, or personal
satisfaction.
The Attorney
To establish the value
for cases including those involving estate, tax,
insurance, divorce or arbitration implications.
The Bank, Credit Union, Savings and Loan or other Lender
To satisfy the
requirements to make a loan.
The Insurance Company
To establish value at
the time of the acceptance of coverage and at the
time of a claim , to ease the settlement of the
first or third party losses.
The Government
For U.S., State and
Local Courts, confiscations, investigations and
sales.
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