The Legal- and Practical Difference- with How Long a Property Appraisal Lasts
A Property Appraisal is an often cited and often required document for receiving any loan attached to a property. It is often requested prior to a sale. Realtors need it to determine a value. It is an integral part of real estate transactions. So, how long does an official appraisal report last? How long does it take for the Property Appraisal to no longer is relevant for banks? There is a difference between the legal limit and the...