What Is a Home Appraisal and How Does It Work?
Appraisal, made simple 🏡📏 An appraisal is how the lender checks that the home is worth what you’re paying. You usually don’t attend (and your agent typically doesn’t either). After you pay, the report takes about 1–2 weeks. It goes to the lender first, then to you showing if value came in at, above, or below your purchase price. Want home buying explained step by step by someone with a teacher’s heart? Contact me or DM me today.