The Role of Appraisals in Home Buying: What You Should Know
Why Appraisals Matter If you’re in the process of buying a home, the word “appraisal” might come up and leave you wondering what it really means. The truth is, it’s a key step that can decide whether your mortgage gets approved — and it plays a big role in how much your lender will actually let you borrow. Understanding how appraisals work can save you from surprises later and help you move through the buying process with confidence. At Lendgo, we want you to feel ready for every step of your
Why Appraisals MatterIf you’re in the process of buying a home, the word “appraisal” might come up and leave you wondering what it really means. The truth is, it’s a key step that can decide whether your mortgage gets approved — and it plays a big role in how much your lender will actually let you borrow.Understanding how appraisals work can save y...
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