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Jan
4th
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Appraisers determine the value of a property by looking at recent sales of comparable homes. They take an apples-to-apples approach, excluding or making adjustments for certain features, such as a swimming pool or finished basement. And generally, a foreclosure isn’t used as a comparison for a standard sale. But in some areas, appraisers like Scheri contend they are only sizing up homes according to the reality of the market, though they concede it’s becoming increasingly harder pinpoint what a home is worth.
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Oct
13th
Tue
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