moving to minnesota

How Appraisers Assess Value

What is a HOME APPRAISAL? (What to do when things go wrong)

First of all, What is a HOME APPRAISAL? Appraisals are basically the bank getting a little verification that the price you're trying to pay for the home, and the condition of the home are acceptable to them. It's basically a risk analysis for the bank to make sure that they're not over-lending on a property, which could risk foreclosure. And they're making sure that the home itself, isn't going to be...

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