When Is the Appraisal Done When Buying a Home?
Posted by Florida Realty Marketplace on
For sellers, they might find themselves asking, “What's my home worth?”. This can inform them of their listing price.
Buyers also want to know what a home is worth before buying it, which is why an appraisal is important. Although it’s not theirs at the time of appraisal, if all goes well, it will be soon.
Here’s the rundown of the home buying process and what the appraisers do.
A Breakdown of the Homebuying Process
Deciding the right home for you is a big step, and it’s a complex project involving many tasks. Most buyers get connected to an agent to help them, and a majority of agent relationships begin through word-of-mouth referrals.
From there, the steps tend to follow this list:
1. Work with a Lender
Get connected to a lender and…
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