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Answers (2)
- Denise McKinley, "Denise McKinley"
- Contributions:91
An appraisal can vary due to appraisers opinion. Make sure appraiser is familiar with the area and meet the appraiser at the house in order to get a fair appraisal.
- Brett Matsuura, "Brett Matsuura"
- Contributions:27
Assessed value = tax assessed value. This is what the tax man says your property is worth and then multiplies it by your County and City tax rate and then sends you the bill for your property taxes.
An appraised value is when an independent appraiser conducts an inspection of your property and compares your property to properties that are similar to yours that have recently sold (no more than 6 months) and determines the fair market value based on their research.
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An appraised value is when an independent appraiser conducts an inspection of your property and compares your property to properties that are similar to yours that have recently sold (no more than 6 months) and determines the fair market value based on their research.
Please mark whether or not this helped you out. Thanks!
whats the difference in appraised value and assesed value
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