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3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. A real estate appraisal measures the actions of typical buyers and sellers in the marketplace and rarely do two buyers offer the same exact amount.

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3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

Reason #1: The Range of Value The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. There would be some low cash offers and some high offers with contingencies such as seller paid closing costs or closing delays (i.e.