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Updated over 16 years ago,

Fred Shandler's profile image
Fred Shandler's profile image
Fred Shandler
  • Real Estate Investor
  • from Jersey City, New Jersey
  • Member since Jan 4, 2008
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203
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1
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Fred Shandler's profile image
Fred Shandler's profile image
Fred Shandler
  • Real Estate Investor
  • from Jersey City, New Jersey
  • Member since Jan 4, 2008
Connect
Fred Shandler
  • Real Estate Investor
  • Jersey City, NJ
1
Votes |
203
Posts
Starting Out

What exactly is the significance of an appraisal?

Fred Shandler
  • Real Estate Investor
  • Jersey City, NJ
Posted

I've read here that appraisals are simply a tax number that are not always indicative of true value. So, what is exactly is the significance of one? How are they relevant/useful?

Thanks,
Fred

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