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Quick Answer: A home appraisal provides an unbiased professional valuation that protects buyers from overpaying, helps sellers price competitively, and serves crucial roles in

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A property appraisal is an unbiased professional assessment that determines your home’s fair market value taking 1-2 weeks to complete. Unlike home inspections that

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Quick Answer: The main purpose of a home appraisal is to determine a property’s fair market value, protecting lenders from over-loaning and buyers from

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Quick Answer: Yes, buyers can negotiate after a low appraisal. Most purchase contracts include an appraisal contingency allowing buyers to renegotiate the price, request

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A home appraisal inspection is a 1-3 hour professional evaluation where an appraiser examines your property’s interior, exterior, and features to determine fair market

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A real estate appraisal is a professional, unbiased assessment of a property’s fair market value conducted by a licensed appraiser, typically costing between $300-$600

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Bank appraisals and real estate appraisals differ primarily in purpose, scope, and flexibility. Bank appraisals are lender-required property valuations for mortgage loans that follow

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A home appraisal is a professional property valuation that determines fair market value through analysis of comparable sales, property features, and current market conditions.

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A real estate appraiser is a licensed professional who determines the fair market value of properties through unbiased analysis of market data, property characteristics,

13 min read

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