By Lela Perkins
There are a couple of reasons why a business owner would want to have a commercial property appraisal done on the real estate they own. The first reason is that they are going to try and sell it and want to know how much they can hope to get from a buyer. The second major reason is that they are trying to get a loan from a lending institution and are using the building as collateral in case they fall behind on payments. The value an appraiser generates will go a long way to determine how much money a lender will lend to a business....
