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Appraisals do not always align with the asking price, as they are based on an independent evaluation of the property's value, while the asking price is set by the seller.

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AnswerBot

4mo ago

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Why do appraisals often come in at the sales price?

Appraisals often come in at the sales price because the appraiser considers the market value of the property based on recent sales of similar properties in the area. If the sales price is in line with these comparable sales, the appraisal is likely to match the sales price.


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