Appraisal · October 1, 2026
By Nadir Virani
Facts about Real Estate Appraisals
People buying a home should take the time to learn the facts about real estate appraisals . The purpose of the appraisal is to establish the home’s market value . Lenders don't want to be stuck with property that is not worth its price tag . Appraisers do not look at dirty dishes or overflowing laundry baskets, they do care about chipped paint and broken windows.
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