How Long Is A Commercial Appraisal Valid?

Appraiser explaining the validity of commercial appraisal

Commercial property appraisals generally remain valid for a specific timeframe, but this period varies based on market conditions. Most financial institutions accept assessments that are several months to one year old for lending purposes. However, rapidly changing markets can make valuations outdated much faster than this standard window allows. The longevity of your appraisal depends […]