The Role of NYC Real Estate Appraisers in Property Valuation
NYC real estate appraisers play a crucial role in the dynamic property market of New York City. Their primary responsibility is to provide accurate and unbiased valuations of real estate, whether residential or commercial. These appraisals are essential for transactions such as buying, selling, refinancing, estate planning, or property tax assessments. Appraisers consider multiple factors, including location, property condition, square footage, and recent sales of comparable properties.
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