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Preferred Properties Inc. - Appraisers
329 Fourth Street - Ellwood City, PA 16117
Telephone (724) 752-1800
How and Why a Certified Appraiser
Professional Appraisers execute a detailed investigation - an inspection of the property and statistical information from the sale of similar properties in the same neighborhood within a certain time frame - and prepare a report of value, including photographs, based on their findings. The appraiser will also perform a title search to assure there are no outstanding liens or issues on the title which may affect a final valuation.
A buyer of a property of any considerable value is well advised to have an appraisal performed by a State Certified Appraiser.
In order to receive certification, an appraiser must meet the most rigorous qualifications and have passed advanced tests in the areas of ethics, methodology, fields of expertise and the Uniform Standards of Professional Appraisal Practice (USPAP) as established by the Appraisal Standards Board of the Appraisal Foundation. Certified Appraisers offer the greatest assurance to their clients of adherence to all legal requirements and the least exposure to any risk.
