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Property apraisel

In the beginning of 09 the house is appraised for 125 K . In January 2010 , the same property , foreclosed , appraised 20k more . Anybody any suggestion ?
  • February 07 2010 - US
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Answers (1)

Would need more info. on the property to give a complete answer.  But -

The only factor that I can think of is that the homes have gone up in price in many areas.  This is due to "supply and demand" issues.  Not unusual in our market right now.
  • February 07 2010
  • 1Yes

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