Understanding the Importance of Property Valuation for Buyers and Sellers
Property valuation plays a critical role in the real estate industry for both buyers and sellers. It helps in determining the market value of a property, which can influence buying decisions, mortgage approvals, and investment strategies. This article explores the meaning and significance of property valuation, the factors influencing it, and the process involved. By understanding these elements, individuals can make better-informed real estate decisions.
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