08/13/2024
An appraisal is vital for the home-buying process. Lenders rely on appraisals to validate a home's value and ensure they're not lending more than the house is worth.
If youโre buying a home, we will order an appraisal once your offer is accepted. It's an important part of the closing process and will be used to confirm the home youโre buying is equal to the price youโre paying. If something major is revealed in the appraisal we have options on how we move forward.