How does the appraisal process work? Here’s what you need to know: An appraisal confirms that the home’s value aligns with the loan amount you’re seeking. Appraisers assess recent comparable sales, the condition of the property, any upgrades, and the location. This step is vital because the appraisal can make or break your deal. Understanding the process puts you in control and ready to act! ✅ | Shirin Alipanah - Realtor
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When you’re buying or selling a home, the **appraisal** is a key step in the process — it’s what determines the home’s *fair market value* based on recent sales and property condition. Here’s how it works 👇 1️⃣ **The appraiser visits the property** – They’ll take photos, measurements, and note upgrades or needed repairs. 2️⃣ **They compare it to nearby homes** – Recently sold homes in the same area (“comps”) are used to estimate value. 3️⃣ **They submit the report** – The lender uses that numbe
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