During the process of buying a home with a mortgage the lender will send out an appraiser to assess the value of the property as compared to recently sold comparable properties. The appraiser will adjust his or her value based on the value assigned to the specifics of the subject property and determine a reasonable value of what the property should sell for in it’s present condition.
Todd Tramonte
Broker / Owner of Market Experts Realty & The Todd Tramonte Home Selling Team
Real Estate Author of Live Free: The Art Of The 2-Year House Flip
