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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. For example, if you offer $200,000 for the home, putting in a $20,000 down payment, you'll owe the remaining $180,000 plus fees to the bank.