Rehab4Profit

Let’s talk market value vs appraised value 💰

What do they really mean?

The value of a home can be based on the market or an appraisal. One is given by the demand of the housing market and potential buyers while the other is given by a professional appraisal that works for a mortgage lender.

Let’s explore further:

✔️Market Value:
The price a buyer is willing to pay for a property

✔️Appraised Value:
The professional opinion of an appraiser on the value of the property

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