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Appraisals: When Demand Outpaces the Market – American Liberty Mortgage, Inc. – Orlando, Florida Appraisal Vs. Book Value. An appraisal takes into account all kinds of information from various sources and is typically calculated by a person. The second type of home value method for manufactured homes is the book value.
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With a recovering real estate market and pent up demand, the market is heating up and purchase transaction activity has increased. That said, many Buyers are wringing their hands when faced with a big decision if the appraisal comes in lower than the contract price they agreed to.
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