Apprasials - FAQ's
- What is an appraisal?
- Why do I need an appraisal?
- Will you testify in court if I need an appraisal defended?
- Do I need an appraisal in order to sell my property at auction?
- How do I order an appraisal?
Q: What is an appraisal?
A: An appraisal is an educated opinion, using sound research and experience for the conclusion of value of property. For more information on appraisals, click here!
Q: Why do I need an appraisal?
A: Courts, insurance companies and banks often require appraisals of property to determine value for legal purposes. For example, if you have a certified appraisal of your personal property and make an insurance claim for loss - the insurance company will be bound to your appraisal value when making a settlement on your property loss. Without an appraisal it is your word against the insurance adjuster's estimate.
Q: Will you testify in court if I need an appraisal defended?
A: Yes, as certified appraisers our services are often requested by the courts to explain and defend appraisals. We always have a copy of your appraisal report at our offices and can refer to those documents for a period up to fifteen years. However, the courts typically prefer appraisal reports that are less than five years old. We will send you a reminder to review your appraisals every five years.
Q: Do I need an appraisal in order to sell my property at auction?
A: No, a valuation is always set by the auctioneer before offering anything for public sale at auction. And the auction method of marketing allows the market to set the price for real "market value".
Q: How do I order an appraisal?
A: Please call one of our appraisers at please call us at 602-252-4842 or (800) 801-8880 or you may email at
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.