05/31/2026
Mortgage Term of the Day:
A home appraisal is an unbiased professional assessment of a property’s market value, usually ordered by your lender before closing.
🔹 Helps ensure the loan amount matches the home's worth
🔹 Based on location, condition, and comparable sales
🔹 Critical for securing financing and protecting buyer and lender
💡 Tip: A higher appraisal can strengthen your buying position!