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Miami Property Search

5 Appraisal Myths Explained

The appraisal is one of the most intimidating parts of selling a home. It can also be one of the most confusing. Buyers and sellers rarely understand the purpose of an appraisal. Appraisals, which determine the value of a home, are usually required by mortgage companies and typically take place after a listing price has been determined and an offer has been made. The appraisal takes away any emotional attachment that the seller and buyer feel toward the house, because it...Continue Reading >