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The appraisal amount is the most important aspect of the appraisal report. Once an appraiser finds comparable properties, they will make some adjustments. It takes place all of the time, ordinarily during closing. Real estate agents commonly use a CMA as a tool to determine a realistic asking price for home sellers. A real estate appraisal will help in establishing a property's market value, the sales price it would probably bring the seller, if offered in an open and competitive real estate market.
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