It’s exciting when you’ve found the home of your dreams and your offer has been accepted. You’re that much closer to being a proud homeowner, so it’s probably safe to start acting like the deal is done. Unfortunately, it’s not that easy… Especially if you’re seeking financing to fund the purchase. Lenders aren’t keen on handing out money for properties where the seller’s asking price doesn’t match up with the actual home value. Home appraisals are a key component of completing a real estate transaction. If this is your first…
How Home Appraisals Work: What Buyers Need to Know
