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Commercial Department: Q&A: Heather Olson, Walker & Dunlop

March 2018

An appraisal is often a required — and misunderstood — step in buying or selling commercial real estate. But an appraisal is useful from many perspectives. It allows an investor to obtain an independent market value to help establish a fair purchase price, while providing mortgage underwriters and insurers with a tool to ensure accurate loan amounts and to estimate replacement costs.

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