Determining Market Value
Many people believe that a home value is determine through a comprehensive appraisal before a home is listed on the market. However, the reality is that an appraisal report is not typically used is the process of determining the asking price for a home on the market. Actually, an appraisal is not usually done until the buyer is required to have one done by their lending agent. The listing price for a home is almost always determined by the seller,…
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