Why Is A Home Appraisal Important In The Real Estate Market?

Home appraisal in real estate market

A home appraisal is essential for real estate transactions because it provides an objective, professional evaluation of property value that protects buyers from overpaying, helps sellers set competitive prices, and ensures lenders don’t approve loans exceeding property worth. Licensed appraisers analyze six key factors: comparable sales, age and condition, location and views, size and layout, […]