​Resolving legal or tax issues

• Estimate market values of property in:

1. Eminent domain proceedings
2. Contract disputes
   
3. Part of a portfolio
   
4. Partnership interest​

• Environmental contamination
  
• Estimated assessed value
  
• Gift or Inheritance taxes
  
• Estimate the value of Real Property component of an estate
  

As defined Uniform Standards of Professional Appraisal Practice (USPAP) developed by the Appraisal Standards Board of the Appraisal Foundation.

“An appraisal is the act or process of developing an opinion of value.”

“The Valuation process is a systematic procedure the appraiser follows to answer a client’s question about real property value.”

McCormick, Seaman & Terrana

What is an Appraisal?

Ph: (727) 821-6601

1262 MLK Jr. St. N.

ST. Petersburg, FL 33705

McCormick, Seaman & Terrana

Real Estate Appraisals, Brokerage,

Sales & Consulting

St.Petersburg

Real Estate Appraisals

office: 727-821-6601

McCormick,Seaman & Terrana. All Right Reserved.

Why do I need an Appraisal?

• To facilitate the transfer of ownership of real property
  
• To help prospective sellers determine acceptable selling prices or prospective buyers decide on offering prices
  
• To establish a basis for exchange or reorganization of real property or for merging the ownership of multiple of multiple properties