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How to get the best appraisal of your house or condo

Although the appraisal is the weakest link in the home loan process, it is vital to obtaining the mortgage loan you want or need. To assure the residence appraises for the highest possible amount, be sure it is in tip-top condition when the appraiser arrives. The borrower or Joseph should accompany the appraiser to answer any questions and to supply written details about the home and information on nearby comparable home sales prices.

Be sure the lender has agreed in advance to promptly provide a copy of the appraisal to the borrower to study. Lastly, don't hesitate to request a review appraisal or a new appraisal if you don't agree with the appraisal results.

*The above is a brief summary regarding appraisals. Call or e-mail Joseph for the full document on Appraisal Tips!