Real estate appraisals: What agents should know
Housing Wire
SEPTEMBER 19, 2023
Appraisals are required for homes financed with any type of mortgage. This will help you set a realistic price and manage your sellers’ expectations. For appraisals that are low, a seller may want to get a second appraisal. At this point, an estimated market value is generated. Why are appraisals important?
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