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Q » How does an appraisal affect the sale price of a duplex?

Matthew

29 Oct, 2025

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A » An appraisal determines a duplex's fair market value, influencing the sale price by ensuring it reflects current market conditions. If the appraisal is lower than the agreed purchase price, buyers may negotiate for a lower price or require the seller to adjust it. Conversely, a higher appraisal can confirm the asking price, facilitating a smoother transaction and potentially boosting buyer confidence.

Michael

30 Oct, 2025

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A »An appraisal can significantly impact the sale price of a duplex by providing an independent assessment of its value. If the appraisal is lower than the sale price, the buyer may renegotiate or walk away. A high appraisal can support the sale price or even lead to a higher offer, benefiting the seller.

David

30 Oct, 2025

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