Definition of alleviate for English Language Learners. : to reduce the pain or trouble of (something) : to make (something) less painful, difficult, or severe.
A mortgage commitment letter can take up to 4 weeks after an appraisal is complete so it is very important to set an appraisal date. Also note that in this market appraisals do not always come in at or above your accepted offer and an appraisal lower than accepted offer will lead to a renegotiation or change of terms. mortgage commitment letter can take up to 4 weeks after an appraisal is complete so it is very important to set an appraisal date. Also note that in this market appraisals do not always come in at or above your accepted offer and an appraisal lower than accepted offer will lead to a renegotiation or change of terms.
So my loan officer ordered the appraisal today because the bank just sent us the written contract of the bank owned house that we are gonna buy so how long does it take to have an appraisal once it has been ordered?And after that there is going to be an inspection so approximately how long will this process take until we close the deal?