1. Determines property value (How?)
The appraiser will collect information from sales of:
2. Sees to it that lender property requirements are met
3. Addresses property condition and documents such with review of
4. Determines if the property is code compliant
Appraised value depends upon one's perspective
Criteria for legal bedroom:
Exterior siding not touching ground
Ceiling heights (Normal 8', Less than 6'6” is a problem)
Who pays for appraisal?
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