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3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

The home had been recently renovated and was in great condition. That accepted purchase price becomes the “market value” of the property. The appraiser will decide if the market data can support a change of value, but they cannot be pressured to do so. Reason #2: Lack of Market Data. The Case File.

Appraisal 148
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3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

The home had been recently renovated and was in great condition. That accepted purchase price becomes the “market value” of the property. The appraiser will decide if the market data can support a change of value, but they cannot be pressured to do so. We have all seen how the national economy affects property values.

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. Question 5: Why are commercial property appraisals important?

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Rent Vs. Buy: How To Decide In 5 Steps

Quicken Loans

Aside from initial closing and moving costs, you may be paying more closing costs when selling a home in addition to other costs such as repairs and renovations that would make the house sell for top dollar. This includes a down payment, closing costs, moving costs, any renovations and other home maintenance tasks.