Real estate appraisal

SEnuke: Ready for action

Real estate assessment or property valuation is the process of determining the value of the property on the basis of the highest and the greatest use of real property (which fundamentally translates into determining the fair market value of the property). To compare additional info, you should check-out: Fast Home Sales Announces Advantages of Selling a House to a Real Estate Investor in Chicago. The person who performs this real estate appraisal exercise is called the real estate appraiser or property value surveyor.