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How come big homes don't appreciate as quickly as small homes?

Over the past 10 years, the market has found it's way back from the lows of 2008/2009. Housing prices in our area (St. George, UT) have climbed to highs and the region has essentially run out of entry level housing and is short on all housing…
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What can I expect during the appraisal process?

Before the Inspection No need to clean. The appraiser looks at the structure, not the mess. You can choose to be there, or not. Just make sure you leave things unlocked. Leave it open. All rooms must be accessible to the appraiser. …
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Why is an appraisal required for a loan?

Lenders use the appraisal to determine the appropriate loan amount. Because home values can vary considerably, even in the same neighborhood, it’s important for the lender to have an objective opinion of value for the home before making a…