Handling Over-Inflated Loan Appraisal
Handling Over-Inflated Loan Appraisal
Appraisals are an essential step in the home buying process, but if the home is appraised at a low value it can slow the process. Learn more with Assurance..
Appraisals are an essential step in the home buying process. An appraisal informs the buyer, seller and lender about the value of a home and is intended to prevent buyers and lenders from overpaying for a property. Appraisers determine a home's worth by considering a variety of factors, including the size, condition, location, number of rooms and comparable sales in the area.
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