Why get an Appraisal ?

The most common reason for ordering an appraisal is to obtain a loan on a property. However, there are several other reasons why an appraisal might be needed. Below are just a few:

to establish the replacement cost (insurance purposes).
to contest high property taxes.
to settle a divorce.
to settle an estate.
to use as a negotiation tool (in real estate transactions).
to determine a reasonable price when selling real estate.
to protect your rights in an eminent domain case.
because a government agency requires it.
lawsuit.