real estate advice

Eric Stewart Group Blog

Trusted resource for local and national real estate news and trending topics, and everything you need to know about the buying and selling process.

Blog Feature

Buy | Money | Selling | appraisal,

APPRAISALS: How to prepare for one, what do appraisers look for, and what happens if an appraisal comes in too low?   (Clone)

By: Eric Stewart
February 15th, 2018

If you are purchasing a home and financing it with a mortgage, the bank will require an appraisal of the property to determine its market value. The dollar amount the bank will lend you is based on the appraised value of the house rather than the agreed upon purchase price between the buyer and the seller.

Read More

Share