Are you buying a new home? Have you decided to refinance your current mortgage? In both of these cases, you will most likely encounter a home appraisal. Obtaining an appraisal is an important factor in the transaction between a home seller and a home buyer.
Understanding how the appraisal process works will help you with the home buying or selling process as well as refinancing. Dee Ayers is a mortgage broker who is here to help you understand what an appraisal is and how it comes to play in your specific circumstance.