Quote:
Originally Posted by Canehdianman
Any ring will always be appraised higher than you bought it for. I read somewhere that a "good deal" will be a ring that appraises at 2x what you paid for it.
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Yeah appraisals are a total joke. The worst part, is if you decide to insure the ring under your home policy, its based off the jacked up appraisal so your premiums hurt.