Appraisal for Alberta Foreclosures

The purpose of obtaining an appraisal is to have a professional determining the current value of a property.

The definition of a market value is: the highest price in terms of money which a property will bring in a competitive and open market under all condition requisite to a fair sale, a buyer and seller, each acting prudently, knowledgeably, and assuming the price is not affected by undue stimulus.

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