What Is A Home Appraisal?
What Is A Home Appraisal? Mortgage lenders require appraisals to ensure they’re not loaning you more than the home is worth. Here’s what you need to know. Key takeaways A home appraisal involves an objective professional evaluating a home to determine its value. Home lenders commonly order appraisals during mortgage or refinance underwriting. Appraisers take…