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Appraisals explained

By
Real Estate Agent with The Daniels Team - Re/Max Advantage Realty
Odds are if you need a loan, you are going to need an appraisal.  The final loan will not be approved until your lender orders an appraisal of the home to confirm that the agreed-upon selling price is justifiable based on the current market value of the property.  Find out more on this topic at Colorado Real Estate Resources.

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