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What is one of the most important differences between an appraisal and a CMA?An appraisal is used to price a new property. A CMA is used to price a resold property.An appraisal is for commercial property. A CMA is for residential property.An appraisal must be done by a licensed appraiser. A CMA can be done by anyone.An appraisal affects a seller's title. A CMA does not.
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