A is for Appraisal

A is for Appraisal

Appraisal-- the act of estimating the value of something by an expert.

An appraiser is the one who estimates the fair market value of real property.

In real estate, the buyer’s lender orders the appraisal for the buyer.  The appraiser uploads a copy of the appraisal to the lender when finished. The lender gives a copy to the buyer. The buyer pays for the appraisal so it is theirs to keep.

For more info about Appraisals, please contact Stephanie today.