Why you should get an appraisal

Year after year, thousands of people in Utah purchase, sell or refinance their home. A lot of these transactions include a simple line item for an appraisal. Nearly all lenders still call for a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation systems that might appear more prudent than an appraisal. Is obtaining a mortgage the only reason to get an appraisal? Are there other cases when the services of a certified, independent real estate professional might come in handy? Of course there are.

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