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In Business / College | 2025-07-03

What's an appraisal?

Asked by hayboo3

Answer (2)

An appraisal is a professional assessment of a property's value conducted by a licensed appraiser, focusing on various factors rather than just identifying defects. Appraisals are crucial for buying, selling, and leveraging properties for mortgage loans. Key influences include location, condition, and market trends. ;

Answered by GinnyAnswer | 2025-07-03

An appraisal is a professional assessment of a property's value conducted by a licensed appraiser, focusing on various factors like location and condition. Appraisals are essential for buying, selling, and lending in real estate. They help stakeholders make informed decisions regarding property transactions.
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Answered by Anonymous | 2025-07-04

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