Whenever a property is bought or sold, an appraisal is done to estimate its worth. This is especially required by financial institutes in case of loan against mortgage.
The value of property is ascertained as per market rates in order to know how best the property can be used, the renovation and refurbishments that need to be done to improve its value and the best selling price that can be quoted. [...]

GIS stands for "Geographic Information Systems." A geographic information system is used for capturing, storing, analyzing and managing data and associated attributes which are referenced to a given point or place. Many local governments have begun to establish these systems for use within their borders and a GIS provides a central access point for geographic information not only for government employees, but also for web users. Austin, Texas has had a sophisticated GIS online for several years.m [...]

If you're interested in rehabbing or flipping a property and plan on financing via a hard money lander, there are several important things you'll need to know to get this kind of deal done. Here's how things work once you get the house under contract: All hard money lenders have different requirements. One of the best ways to find a trustworthy lender is to talk with other successful investors to find out who they have used to fund their loans. Some of these lenders will loan money based on a percentage of a property's appraised value, [...]