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Professional appraisal and market value

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When a commercial lender orders a professional appraisal they are trying to determine the true market value of a property. This commercial appraisal is then used during the approval process and may be the deciding factor in whether you get the loan or not. CM

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Dealing with commercial lenders

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Don’t be intimidate by. Dealing with a commercial lender doesn’t have to be a headache. Doing a little research on the process will help you approach commercial lenders with confidence and that can help you work out a great deal on the commercial mortgage financing you need. CM

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Simple answers about commercial appraisal

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A commercial appraiser evaluates  property to decide its true market value. This commercial appraisal is useful not only to help a commercial lender make decisions about loan approvals but also to help establish equity in the property and determine if that is sufficient to draw a line of credit. CM

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What does a commercial appraiser do?

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When you apply for a commercial mortgage the true market value of the property needs to be determined so the commercial lender can use this information when deciding on the loan. At this point a commercial appraiser will evaluate the property and the lender will decide if it is really worth what is being asked. CM

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Working with a commercial lender

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When you apply for a commercial mortgage there are a few steps the commercial lender will go through to determine approval on the loan. One of these steps is a commercial appraisal. This appraisal is performed to determine the market value of the property in question and has a big influence on the lenders decision. CM

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