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What is an appraisal?

When you buy a home or refinance a mortgage, an appraisal is usually an important step in the process. Before your lender finances the home purchase, it’ll require an appraisal. An appraisal helps the lender gauge the condition of the home and establishes its fair market value. What is an appraisal? What does an appraiser […]

More by Janet Berry-Johnson, CPA Updated: Length: