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Author Topic: Seeking Guidance on Appraisal for Real Estate  (Read 186 times)

agalloway

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Seeking Guidance on Appraisal for Real Estate
« on: November 02, 2024, 02:31:35 PM »
Hello everyone.

I’m in the middle of purchasing a home and have a question about appraisals. What do I need to understand about an [ur=https://houseinc.ca/l]appraisal for real estate[/url]? Specifically, how does the appraiser arrive at the property’s value?

If the appraisal is lower than my offer, what steps can I take? Should I be worried about how this affects my mortgage options? I’d love to hear from anyone with experience in this area. Your insights would be greatly appreciated!

Thank you!
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