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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. They are also used to assess the value of the home for home improvement loans and insurance evaluations. What is a Home Appraisal and Why is it Important?

Appraisal 105
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Preparing a Home to Safely Age in Place

Will Springer Realtor

Variables can include whether someone lives with a spouse or partner or if they life alone, if they are reliant on their vehicle to get around versus having access to multiple transportation options. Then there is current and future health issues that may require attention in and around the home.

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SELLERS’ MARKET? HOW ABOUT BUILDERS’ MARKET?

Will Springer Realtor

Conventional limits will rise to $647,200 to finance similar, one-home properties across the rest of Washington. For example, a mortgage-approved buyer will be able to purchase a $938,000 single-family home (or possibly townhome or condo) with 5% down and keep within the new threshold.

Sellers 36