Value Opinion

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August 25, 2024 3 min read Definitions
Extraordinary Assumption: Critical Appraisal Component
Real Estate Finance Appraisal Assumption Value Opinion Hypothetical Condition Real Estate Valuation
An extraordinary assumption is a vital hypothesis within an appraisal process, crucial to the accuracy of the value opinion provided. If this assumption proves incorrect, the entire appraisal's validity is compromised. Compare it to a hypothetical condition.
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