Is an Appraisal an Accurate Representation of Market Value?
Is an Appraisal an Accurate Representation of Market Value? No. Well, not always at least. The question has come up from numerous buyers I know on whether they should they buy a property that appraises for less than the purchase price. I know this one is going to spark some debate, so rather than try to sway you one way or another I’m going to explain this whole appraisal ...