Business profile for Process Solutions in Durango, Colorado. Infofree.com offers unlimited sales leads, mailing lists, email lists.
An appraisal is an unbiased professional opinion of a home's value. Appraisals are almost always used in purchase and sale transactions and commonly used in refinance transactions. In a purchase and sale transaction, an appraisal is used to determine whether the home's contract price is appropriate given the home's condition, location, and features.
A home appraisal ensures that the home you are buying is worth the money you are paying for it. Hereâs what first-time home buyers need to know about the process, from what an appraiser examines to determine value to appraisal cost and timing. We also share tips on how to handle a low appraisal.