Insurance Appraisal

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Insurance Appraisal - 412.831.1500

An insurance appraisal of your property together with your policy should define your level of compensation in the event of a loss.

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Insurance Appraisal

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Insurance Appraisal

Pre-Listing Pre-Purchase or FSBO Appraisal. Whether you’re a homeowner selling your property on your own or a seasoned realtor trying to establish a fair list price it’s often difficult to sift through all of the market data to determine a true value for your home....

Insurance Appraisal

Tax Assessment Appeal Appraisal. The best way to win an assessment appeal hearing is with a certified appraisal.

Insurance Appraisal

Estate or Probate Appraisal. When an estate has a transfer of ownership due to death or inheritance, it is very common for a real estate appraisal to be needed for tax purposes....

Insurance Appraisal

Divorce Appraisals. One or both parties should hire the services of a professional real estate appraiser to estimate the fair market value of the home. An appraisal for asset division should include a well-supported, professional report that’s defensible in court....

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Insurance Appraisal

Insurance AppraisalAn Insurance appraisal is used along with your insurance policy. An insurance appraisal of your property together with your policy should define your level of compensation in the event of a loss and permit the insurance company to quantify its risk.

There are many reasons why an appraisal for insurance purposes may be needed. Many time on the news you hear about someone’s home catching on fire. This is a sad situation and many times what makes it even worse is over the years as the property increases in value, many times your insurance hasn’t. This is not an isolated incident, we have seen this all too often a homeowner not keeping up with appreciation in their insurance coverage. Many different disasters can befall a dwelling from fire, flood, tornado, trees falling and the list is exhausting. These are just a few reasons a property owner should keep in step with the value of their property and their insurance coverage.

Additionally, insurance coverage appraisals should:

  1. Bear witness to the fact that you are in possession of the property.
  2. Clearly describe and value the property.
  3. Support conclusions with evidence based on market research and accepted principles of valuation.
  4. Estimate the value of your property — not its price. Price and value are not always the same.
  5. Be up-to-date, as markets do change over time.

Give us a call today with any questions you might have and make sure to check out our Customer Reviews and Testimonials page of what others have to say about our Team at Bostedo Appraisal Services.

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