An appraisal report is a comprehensive analysis of the value of the home you are seeking to purchase or refinance. The appraisal report is primarily based on recent sales of similar properties as well as property size, condition and amenities. Examine the example appraisal report below to understand the information and analysis contained in the document. Reviewing the example report also enables you to better understand how the fair market property value is determined when you apply for a mortgage. Please note that this is an example appraisal report that should be used for informational purposes only.
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