PUERTO RICO APPRAISERS AND REAL ESTATE SERVICES

PROUDLY SERVING PUERTO RICO & SURROUNDINGS OVER TWO DECADES

Appraisal (Valuation)

The act or process of estimating value. An opinion as to the nature, quality, value, or utility of a specified interest in or aspect of. Valuation (Appraisal) is not an exact science, neither a subjective proposition.

However, when performed by a Licensed and/or Certified Professional Appraiser is the result of a process of applying principles, approaches, methods and procedures to observations and measurements, to solve the defined appraisal problem, in conformity with applicable laws, regulations and best practices, in an objective, unbiased, non-discriminatory manner, and developing and communicating a complete, correct, relevant, reliable, and credible opinion, reducing the degree of uncertainty on the opinion of value.

-Diego Sorroche

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