25 Tips For Buying Your Dream Home in 2019 – Series

Tip 23 For Buying Your Dream Home in 2019

 

Pay for a Home Appraisalapproved stamp

A home appraisal is a critical component of getting a mortgage. It provides the lender with the current market value of the property. The home’s maximum financial cost is the collateral for your loan, and it determines how much money a lender is willing to loan you. The lender often arranges for the appraisal, but in most cases, the buyer pays the bill.