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Updated about 3 years ago on . Most recent reply

Alexandra Sales's profile image
Alexandra Sales's profile image
Alexandra Sales
  • New to Real Estate
  • Member since Oct 22, 2019

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Alexandra Sales's profile image
Alexandra Sales's profile image
Alexandra Sales
  • New to Real Estate
  • Member since Oct 22, 2019
Alexandra Sales
  • New to Real Estate
14
Votes |
39
Posts
Buying & Selling Real Estate

Appraisals when purchasing

Alexandra Sales
  • New to Real Estate
Posted

Is it typical for an appraisal to come back almost exactly what you're purchasing the property for? 

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Carleton C.'s profile image
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Carleton C.
  • Member since Apr 23, 2020

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Carleton C.'s profile image
Carleton C.'s profile image
Carleton C.
  • Member since Apr 23, 2020
Carleton C.
22
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Carleton C.
Replied

Yes, this seems to be pretty typical. I've seen many posts on BP about this. When I bought my rental property, the appraisal came in at $205K, which is exactly what the purchase price was.

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