A Guide to Understanding Appraisal for Purchase & Sale
July 3, 2023
Understanding the appraisal process is essential when it comes to purchase and sale of a property. This guide explains the appraiser's role, the different types of appraisals, and the factors that are taken into account when appraising a property. We’ll also discuss the differences between an appraisal for purchase and an appraisal for sale, how an appraisal report is used in a purchase or sale, and how long an appraisal takes. Read on to learn more about the appraisal process and how it helps you make informed financial decisions.