Appraised value is a professional estimate of a property’s worth determined by a licensed appraiser for financing purposes, while market value is the actual price a buyer is willing to pay in current market conditions. These two values often differ and understanding their distinction is crucial for successful real estate

A home appraisal is a professional, unbiased assessment of your property’s market value required for mortgage financing, refinancing, and real estate transactions. Home appraisers conduct thorough inspections that typically take 1-3 hours, examining both interior and exterior features to determine fair market value. Inside the home, appraisers evaluate: Outside the