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Appraised Value Versus Market Value: How Appraisals Work

The Big Picture on Appraised Value vs. Market Value: Appraised value, determined by professional appraisers for mortgage purposes, is based on property condition and market trends. Market value is the…

Appraised Value Versus Market Value: How Appraisals Work

In the world of real estate, appraisals play a crucial role in due diligence for property buyers and lenders alike for every real estate transaction. During an appraisal, a licensed…