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What is a market value assessment compared to an appraisal, in regards to real estate?

April 26, 2017appraisal assessment market Property Real Estate regards value

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What is a market value assessment compared to an appraisal, in regards to real estate?

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Market Value is where they compare to simular houses in your area to see what it would really sell for and an Appraisal is where someone Licensed goes to your house and looks at everything(more expensive but worth it).