appraised value: How Does a Tax Assessment and Appraisal Differ - 12/01/22 06:29 AM
How Are Tax Values and Appraisal Values DifferentIf you are buying or selling a home, you're likely to encounter words that sound like they have the same meaning. Some of them do, and some of them don't. The perfect example is a tax assessment and real estate appraisal.
Both a tax assessment and a home appraisal try to find the value of a home. They use different means to reach their findings, which exist for different reasons.
When you are buying a home, an appraisal is required by the mortgage lender. Lenders want to know the home's current value to ensure they aren’t … (3 comments)

 
Bill Gassett, Metrowest Massachusetts Real Estate (RE/MAX Executive Realty)

Bill Gassett

Metrowest Massachusetts Real Estate

Hopkinton, MA

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RE/MAX Executive Realty

Address: 22 South St #203, Hopkinton, MA, 01748

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Metrowest MA Real Estate - Realtor specializing in home sales in Hopkinton, Milford, Holliston, Ashland, Southboro, Westboro, Upton, Mendon, Hopedale, Grafton, Medway, Northbridge, Franklin, Framingham, Shrewsbury, Northboro, Bellingham, Sutton, and Uxbridge MA. Includes Real Estate home selling & buying tips, Homes for sale in and around Metrowest.



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