Real Estate Appraisal Versus Fair Market Value Of A Home?

Описание: What is the difference between a real estate appraisal and the fair market value of a home? If there is one practice that confounds both home buyers and home sellers alike it's the fact that the majority of real estate transactions close at the mercy of an appraisal conducted for a purpose that most consumers do not consider. Understanding these differences will save you money when it comes to buying or selling a home, and it will help you appreciate the need and value of a real estate appraisal. But here’s the kicker … The home appraisal might not necessarily tell you what the home is worth in today's real estate market.

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