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Most buyers think the appraisal is just another step in the process… but it actually protects the entire transaction.
The bank wants to confirm the home is worth what you’re paying before they lend hundreds of thousands of dollars.
Today’s podcast breaks down exactly how appraisals work and what happens if the number comes in low.
Understanding the process removes a lot of the fear.
By Joseph CarbonaroMost buyers think the appraisal is just another step in the process… but it actually protects the entire transaction.
The bank wants to confirm the home is worth what you’re paying before they lend hundreds of thousands of dollars.
Today’s podcast breaks down exactly how appraisals work and what happens if the number comes in low.
Understanding the process removes a lot of the fear.