West Knoxville Appraisals Fact and Fiction
Appraisal Fiction #1: The purpose of doing one is to make sure the buyer doesn’t pay too much for the house.
Fact: For all parties involved in the sale of the West Knoxville home, the appraisal provides valuable information about the home. It is most crucial, though, to the buyer’s lender so they don’t end up lending too much money on an overpriced home.
Appraisal Fiction #2: There is a formula that appraisers use to confirm the value of the West Knoxville home.