5 Appraisal Facts That Could Save You Big Money

An appraisal is a professional’s opinion of your home’s market value. Lenders will order an appraisal for home purchase loans to make sure the home is worth the price being paid. Often appraisals are needed to refinance as well. Here are five things you should know about the appraisal process, whether you are buying, selling or refinancing.

The appraisal takes dozens of factors into account. Learn more about them in the video below.

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