When to get home appraisal?

The appraisal usually occurs after an offer has been made and the home has been inspected. As a buyer, you'll pay for the appraisal and you'll most likely need to make arrangements for it to be done as well.

When to get home appraisal?

The appraisal usually occurs after an offer has been made and the home has been inspected. As a buyer, you'll pay for the appraisal and you'll most likely need to make arrangements for it to be done as well. A home appraisal is a process by which a real estate appraiser determines the fair market value of a home. You can assure yourself and your lender that the price you have agreed to pay for a home is fair.

Appraisals are also often used to determine property taxes, making them a requirement in most counties. It usually takes a few weeks to receive an evaluation report. However, your appraisal may take even longer, depending on the complexity of the appraisal and local market demand. As a mortgage borrower, you are entitled to receive a free copy of the appraisal report at least three days before the loan closes.

It's a good idea to read the report for accuracy.

Christian Sulikowski
Christian Sulikowski

Hardcore sushi maven. Devoted internet guru. Unapologetic coffee enthusiast. Wannabe zombie nerd. Sushi trailblazer. Tv buff.

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