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UNDERSTANDING THE APPRAISAL PROCESS
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How does the appraisal process work? Understanding how the appraisal process works is essential for anyone buying or selling a home. The appraisal process involves a licensed appraiser evaluating the property to determine its market value. First, the appraiser inspects the property's condition, size, and features. After the inspection, the appraiser researches recent sales of similar properties in the area, known as comparables. This helps to establish a fair market value. The appraiser then com
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What is a home appraisal and how much does it cost?
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How does the appraisal process work? Here’s what you need to know: An appraisal confirms that the home’s value aligns with the loan amount you’re seeking. Appraisers assess recent comparable sales, the condition of the property, any upgrades, and the location. This step is vital because the appraisal can make or break your deal. Understanding the process puts you in control and ready to act! ✅ | Shirin Alipanah - Realtor
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