What to Know About Home Appraisals
Posted by Gary Ashton on
Whether buying a new home or selling a current one, appraisals are an important part of both processes. Having a home appraised is helpful for both home buyers and sellers, so everyone needs to know what appraisals do and how to get the most out of them.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
What Is a Home Appraisal?
A home appraisal is when a professional appraiser comes to the home and inspects it in order to come up with the most accurate price estimate possible. Home appraisals are done both when buying and selling a home. While sellers often choose to use an appraisal to decide on a price for their home, buyers will also get a home…
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