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Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Of course, if you're in a hot market and believe the home is worth what you're offering, you could save yourself time and energy by skipping the appraisal process.
Negotiating a Purchase Price Again, the tax assessor's office can give you a ballpark figure around which offers and counter-offers can hover. While it might seem counter-intuitive, appraising vacant land is more daunting than doing so for improved land. As a result, this valuation often exceeds assessor estimates.
Online valuation tools can provide a starting point, but they may not account for recent upgrades or unique features of your property. Consider hiring a professional appraiser for a more accurate valuation. A title company will provide a title commitment, which is a promise to issue title insurance for the property.
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