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Updated about 9 years ago on . Most recent reply

User Stats

16
Posts
1
Votes
Bhavesh Patel
  • Long Beach, CA
1
Votes |
16
Posts

what do I look for on an appraisal report?

Bhavesh Patel
  • Long Beach, CA
Posted

I am in escrow on a duplex near long beach and am trying to understand what came out of the appraisal report.

What do I look for?

For the most part - the estimated value based on sales/income/cost approach and rental comps are the most important things, right?

Seems like the sales/income/cost #'s are right on what I offered, and the rental comps are pretty much exactly (maybe about $100 higher) than what it currently rents for.

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