If you are financing your new home, the home appraisal is one of the key elements of the home buying process. If fact, it is impossible to be approved by a mortgage lender without an appraisal. But what exactly is an appraisal? The short answer is an appraisal reports the home’s value. Below you will find out how to prepare for your appraisal, what happens during the appraisal, how long the appraisal will take and what to expect after it is complete.
As consumers, we constantly find ourselves having to choose which stores to buy from and which companies to hire, and we often look at online reviews and ratings to help us make our choice. We try to determine if they have a reliable track record and if they are trust worthy, but how many of us check up on their cyber protection?
You find yourself in a situation where you are leaving your home. Perhaps you received a promotion at work and need to relocate, or your family has outgrown the house and you’re looking to upgrade, giving yourself and your family more space. Or maybe your children have left and it’s time to downsize. Whatever your circumstances are, you find yourself faced with making the decision to either sell your home or keep it as a rental.
It’s the time of year that so many of us look forward to and welcome with open arms. The cold brisk air gives way to milder temperatures, we start storing away our winter boots, gloves and hats and replacing them with umbrellas and lightweight jackets, and kids bikes and outdoor furniture replace the snowblowers and shovels.
As most home buyers have come to learn, many aspects of the home buying process are out of our control. Fortunately, you do have control over the companies you choose to work with, one of the most important being the title company. But how do you know how to choose the right one? The below provides a starting point and highlights a few questions that can be asked to help determine the right company for you.