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Strictly speaking, the home appraisal is valid on the day it is signed and dated. The courts and the IRS generally recognize an appraisal as valid if it is less than a few months old. As a general rule of thumb, an appraisal should be considered out of date if it is more than six months old, under most market conditions. When prices are changing quickly, as they have over the last few years, even six months is too long. The value of your home can change the next day due to outside conditions. A free way is going to be built in front of your home. A person living next door is murdered in his home. These are unlikely and exaggerated conditons, of course. Generally, real estate values change in an orderly fashion determined by larger market conditions.

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โˆ™ 2006-05-01 00:39:59
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Q: How long is a home appraisal valid to calculate the value of the house and can the value of a house go down in high growth markets?
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The house appraisal was disappointing to the owners. The appraisal of the new candidate resulted in a permanent offer being made.


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If you are planning to sell or refinance your house you will be getting an appraisal on the property. Either the home buyer or the bank will want to get a third party to check out your house. It will give them a good idea of what condition itโ€™s in and what its current value might be. The prospect could sound daunting and even a little invasive but if you prepare you can take a lot of the stress out of it. Here is a quick list of things you can get done to make your appraisal go smoothly, present your house in it best, and get an appraisal you can be sure of. Take care of landscaping and curb appeal General upkeep Freshen up your houseโ€™s look Take care of the 3 Dโ€™s Be transparent with the good and the bad Take care of $500 items Know your community Make it easy on your appraiser If you are thinking of selling your house as is, WeBuyHouses is here for you. Contact us at 901-250-0100.


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