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An appraisal is a professional appraiser's opinion of value. The preparation of an appraisal involves research into the appropriate market areas, the assembly and analysis of information pertinent to a property and the knowledge, experience, and professional judgement of the appraiser. The role of the appraiser is to provide objective, impartial, and unbiased opinions about the value of real property and to provide assistance to those who own, manage, buy, sell, invest in and/or lend money on the security of real property. |