If I get an appraisal today, how long will it be valid?

/If I get an appraisal today, how long will it be valid?

If I get an appraisal today, how long will it be valid?

The real estate market rate of change determines how quickly an appraisal becomes stale. In a fast-changing market an appraisal might be obsolete in less than six months. During a stagnant market values might not change for a year or more. That is a good reason not to order an appraisal until there is a need. Most institutional users of appraisal services have policies governing how old an appraisal can be before it is considered obsolete.

2016-05-03T09:12:42+00:00 January 21st, 2016|Comments Off on If I get an appraisal today, how long will it be valid?