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Again, an appraisal only works by a qualified appraiser is actually registered together with state. Circuit. BPOs may be used before a bank takes possessing a house, or to evaluate a short sale offer, but yet they can be used in lending situations when a buyer is purchasing a property. Why not? Because to obtain lender is serious and wishes to make sure they are truly getting their money worth on lending money to the purchaser. They want a licensed appraiser to value the home and property then, but will pay more for it than they will for a BPO to ensure an ex
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