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Where You Are: Appraisal
The lender has ordered an appraisal to confirm the home’s value.
At this stage:
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The appraiser evaluates the property using recent comparable sales
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Most appraisals come back at or above the contract price
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If adjustments are needed, I’ll walk you through your options and strategy
This step is largely behind the scenes, and I’ll update you as soon as results are in.
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