You found the house, and you and the seller have agreed on a sale price. Congratulations. Now it’s full steam ahead to closing, right? Not so fast. Some very important steps to the home buying process are just ahead, and one of those is the home appraisal. Read on to learn exactly what home appraisers look for in determining the value of a house.
What are home appraisals used for?
The purpose of the appraisal is to provide a fair and unbiased market value of the home. It’s an essential part of your loan package, and lenders won’ …
