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Some people mistakenly believed that assessment is the same as appraisal. It is not. Assessment is what the local government assess of the value of a property based on a formula. Appraisal is what professional opinion of an appraiser for the value of a specific property, which is provided usually at the request of a lender. So, big different.
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the big difference..
Some.Things.Organic
how appraisal works.. (simplified)
Some.Things.Organic
Arlington county
Some. Things. Organic
..interpretation of DC assessment
Some. Things. Organic
