Appraised Value In The LBI NJ Real Estate Market

Dated: 12/11/2019

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Appraised Value in the LBI NJ Real Estate Market

Long Beach Island Real Estate Appraised Value

The appraised value of a home in the Long Beach Island real estate market is an opinion of value based on the findings of a licensed real estate appraiser for a home. This appraised value is based on comparable sales and how those similar sales relate to the house being appraised, also known as the subject property. Based on these comparable sales, the appraiser will make adjustments and determine the estimated value of the home. This is most commonly found when buying a home with a mortgageBuyers and sellers should both understand how appraised value can impact a Long Beach Island real estate transaction.



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Nathan Colmer

LBI Office 12800 Long Beach Blvd Beach Haven Terrace NJ 08008 I have lived on LBI my entire life and am actually the 4th generation in my family to do so. This have given me a deep knowledge base ....

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