appraisals

Before a bank or lender gives you money to purchase a home, that lender is going to want a good, solid estimate of how much that home is really worth. A bank doesn’t want to give you $500,000 to buy a home if it turns out the home is only worth $250,000. As the buyer, you don’t want to be on the hook for a bigger mortgage than your home is actually worth, either. And that … [Read more...] about The Ins and Outs of Home Appraisal