There are a wide variety of circumstances under which a real estate appraisal is appropriate. Some of the more common reasons that people order commercial real estate appraisals include:
- To determine a fair asking price when selling a property
- To determine how much to pay when purchasing a property
- For financing/loan approval purposes (whether related to a purchase transaction or the refinancing of an existing loan)
- To determine the loss in value caused by an easement, other encumbrance, or taking of real estate (e.g. eminent domain proceedings)
- For gift tax or other IRS-related purposes
- For inheritance or estate purposes
- For divorce proceedings
- For real estate tax grievances (tax certiorari)
- Simply to know what your property is really worth
Whatever your appraisal needs are, WestRock can help. Give us a call today and we will assist you in obtaining a high-quality appraisal at a competitive price.