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It usually doesn't unless but sometimes the purchase price may be lower than the appraised value because demand is low or the seller is anxious to get rid of the house and willing to take a loss.

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Q: How home purchase price affect appraisal value?
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Related questions

What is the purpose of a business appraisal?

A business appraisal may need needed for several reasons. Primarily, it can be used to determine the sale or purchase price of a business. But, it can also be used to assess the worth of intangible assets, or determine the price or fair value of shares that are not publicly traded.


What is the definition of valuation?

It is the act or process of assessing value or price; an appraisal.


What is the difference between actual jewelry value and appraisal?

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Is sales tax on a car purchase price or car value?

Sales tax is on the purchase price not the value.


Is the adjusted sales price on a home appraisal the sale price?

no. the sale price is whatever the two parties agree on. The appraised value is just that, a value that someone appraised the value to be. (Although the lender does put more value on the appraised value than on any other.)


How can an appraisal help the value of commercial real estate?

An appraisal would help determine the correct and most accurate value of a property. Ensuring that no revenue is lost, and the correct price bracket is used depending on location, condition and previous prices.


Can a car appraisal value affect the sale of your used car?

Yes car appraisals can affect the value of your used car since the next person will be affected by this factor, thus it will make him to buy your car with less money.


What is the resale value of 22kt gold jewelry in Indian market?

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What is a good price for a browning 12ga shotgun?

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How long does the purchase price of the home continue to be the value versus appraised value?

The purchase price of the home is not the value of the home. It is what you paid for the home. The value of the home is the appraised value. A lender would look only at the appraised value of a home for lending purposes. If you paid more or less for the home, that is on you.


Which is a procedure that quantifies the personal value of a purchase?

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