They are different but usually are in the same range. They are different because buried in all the paperwork of an appraisal it says the value is the OPINION of the appraiser. I could order 5 different appraisals and would likely get 5 different sets of numbers but they would be close in value. For purposes of buying the home only the actual appraisers opinion counts in the end. Hope this was helpful.
Thanks,
Brent Mendelson
Senior Loan Officer
1ST Mariner Mortgage
O-240-235-5314
C-301-412-0259
F-240-235-8236
Bmendelson@1stMarinerbank.com
Lending in all 50 states
nmls#111407 - Thu May 24, 2012