Why cash buyers still need appraisals

This blog belongs to Tom Horn, a Birmingham AL appraiser who has lots of good content. He gave me permission to post his blog, so I am copying the link here:

http://birminghamappraisalblog.com/appraisal/why-cash-buyers-still-need-an-appraisal/

In essence, he gives four reasons to consider getting an appraisal even when you are paying cash for a house.

1) To verify that you are not overpaying

2) To know how your house compares to the rest of the market

3) As a tool for negotiation

4) For lower taxes

I hope you enjoy his article.

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