What is an Appraisal? Your Guide to Property Appraisal

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There are a few different types of appraisals including a hybrid appraisal. Desktop appraisal, and drive by appraisal. Talk to your real estate agent and lender to determine which type of appraisal is appropriate for your circumstances. Overall, an appraisal is a very important part of the escrow process because it determines whether or not you are paying a proper price for your home. Talk to your real estate agent if you are confused or nervous about the appraisal process.

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