Why do you need with a appraisal?

The following are the reasons, why it takes an appraisal?
  • because the lender requires it,
  • to reduce your tax burden,
  • to help you create one of the largest financial decisions in your life,
  • provide a negotiating tool when purchasing real estate,
  • to determine a fair price when selling real estate,
  • to protect your rights in cases of criminal prosecution and
  • to allow you to get a valuation report from the appraiser qualifications of quality.
  • because government agencies such as the IRS requires it or because you are involved in a lawsuit. Source : www.loanexpo.com

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