Though investing in property can be risky for some people and it is not easy to sell the property, most people prefer to invest a large part of their income in their home. So when selling or purchasing, renting or leasing a home it is important for home owner as well as the tenant or buyer to have an accurate evaluation of the value of the house. If a loan will be taken to purchase the home, the lending firm will also have their independent expert to estimate the value of the home and accordingly decide the loan amount which can be sanctioned against the home.
A look at the factors affecting the value of a home, companies and organizations who provide the evaluation services.
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