Are Appraisals Accurate

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A home appraisal is supposed to be unbiased and fair but some recent cases suggest minorities might be at risk for a low appraisal

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A lower assessment means a lower tax bill Home buyers and sellers on the other hand look more to marketplace value than at property tax data However assessed value can come up when you

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An accurate appraisal depends on the methodical collection of data Specific data on the property and general data related to region city and neighborhood wherein the property is located are

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Appraisals can help buyers avoid overpaying for homes but a seller may feel that a low appraisal is inaccurate and be reluctant to drop the price

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Appraisals are the most accurate home valuation method for determining the fair market value of a property but they are not the only option available

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Fair market value is how much your home would sell for on the open market right now while the appraised value is your home s objective value as assessed by a certified and licensed home appraiser These values are

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A home appraisal is the more accurate assessment of the value of a house than the mutually agreed upon price arrived at by the buyer and seller at least in the eyes of a mortgage lender What Is A Home Appraisal A home

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An appraisal is an assessment of the fair market value of a property business antique or even a collectible Appraisals estimate the value of items that are infrequently traded and unique

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An appraisal is an analysis of the valuation of the home performed by a professional Appraisers will evaluate how much your home is worth based on a comparison