If you are planning to sell property in The Bahamas, you may be wondering how to find a licensed appraiser. The Bahamas has laws regarding appraisers that are designed to protect the interests of property owners. In the country, a person must be a resident or a Bahamian citizen to legally conduct an appraisal.
A licensed Bahamas appraiser has a wealth of knowledge and experience in the field of real estate. These appraisers have extensive experience in the region and are well connected in the area. In addition to their extensive knowledge of property values, many of them also specialize in specific areas. For instance, the Bahamas government approves appraisers who are certified by the International Real Estate Institute.
It is frustrating and insulting to discover that an appraiser is working illegally. It’s also frustrating that there have never been any investigations of these people. Besides, they may have entered the country as vacationers. This is why the Bahamas Real Estate Association (BREA) has urged the government to withdraw the tax bills for 2022. The BREA argues that the appraised values used by the DIR are not valid.
A Bahamas appraiser can help you find a house that meets your needs. A Bahamas appraiser can perform a property appraisal for insurance replacement cost estimates, mortgage financing, and establishing market values. A licensed Bahamas appraiser can also help you get the most out of your property investment. A certified appraiser is knowledgeable about the current market conditions for residential properties.
Anthony Wells has been involved in appraisals for the Bahamas Real Estate Association since 2003. He is a Certified Residential Specialist and Certified Review Appraiser through Florida International University. He has completed numerous appraisals for both lending institutions and the government. bahamas appraisers He is also a licensed real estate broker and President of Bahamas Realty Limited.
Lorraine Thompson is an experienced Realtor in the Bahamas who enjoys working with buyers. She lives in Spanish Wells and also serves clients on Eleuthera and Russell Island. She knows the area very well and can help you find the perfect home. She can be of assistance in every aspect of buying or selling real estate in The Bahamas.