Do I Really Need to Get an Appraisal When I’m Paying Cash for My Home?
While it may seem unnecessary to get a cash purchase appraisal for a home with no lender involved, there are times when this extra step can save you a considerable amount of money. There may be times when a buyer already knows they are getting a great price on the home, and if this is the case, great! Save the money and spend it on your remodeling expenses. However, there are times when you should consider getting an appraisal before you hand over your hard earned money.
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