What Is a Home Appraisal? Must-Have Information for Buyers, Sellers, and Refinancers

If you’re involved in a mortgage transaction, whether you’re buying a home, refinancing your existing mortgage, or selling your home to a non-all-cash buyer, a home appraisal is a crucial component that you need to understand. In this blog post, we will delve into the details of what a home appraisal entails and how an appraiser determines the value of a home. By familiarizing yourself with this process, you’ll be better equipped to navigate the real estate market with confidence.