Скачать или смотреть Deciding the appraisal: what home buyers really need to know

The appraisal – it sounds intimidating, but let’s break it down. 🤔 Here’s what buyers really need to know:

1️⃣ It’s for the Lender: The appraiser is an independent third party ensuring the home is worth the price for the bank’s protection.

2️⃣ Value, Not Condition: It’s about comparing the home to similar recent sales, not a detailed inspection report. (You still need that!)

3️⃣ Low Appraisal? You Have Options: Don’t panic! Renegotiation, bringing extra cash, or challenging the appraisal are all possibilities.

It’s a critical milestone, but with the right team guiding you, it doesn’t have to be stressful. ✅

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