How to Navigate Appraisals Amid Volatile Building Material Prices
Pro Builder
FEBRUARY 24, 2021
NAHB wants builders to understand the three approaches appraisers take to determine the value of a new-home: sales comparison, cost, and income methods. Normally we would start marketing once the foundation is in the ground. In our situation the appraisal came in $10,000 lower than our asking price.
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