What Is Appraised Value and Why Does It Matter When Buying or Refinancing a Home? Whether you’re buying a home, refinancing your mortgage, or selling your property, one term you’re likely to hear is “appraised value.” But what does that really mean – and why is it so important in real estate? Let’s take a closer look! What Is Appraised Value? The appraised value of a property is an expert’s…

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