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An appraisal is not the same as (new homes in seattle) a compet….

October 28th, 2008

An appraisal is not the same as a competitive market analysis that many real estate brokers perform, sometimes referred to as “comps”.

Simply put, if the lender should ever have to foreclose, they want to ensure they would be able to get their moneys worth.

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This entry was posted on Tuesday, October 28th, 2008 at 3:21 pm and is filed under Seattle Washington. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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