Should you get an appraisal if paying cash for a house?

Todd and Oana talk about whether or not an investor paying cash for a house should get an appraisal or not. Most cash buyers aren’t going to spend the money on an appraisal for a lot of reasons.

It might be that the cash offer is not contingent on an appraisal, so getting one isn’t going to make a difference. It is also possible that the buyer knows they are getting a good deal on the house and don’t need an appraiser to confirm this.

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