Real Estate Markets Dictate Adding or Waiving Appraisals
Realty Biz
JULY 11, 2022
When you’re buying a home and getting a mortgage, most of the time the lender will require a home appraisal. The buyer pays for the appraisal as part of their closing costs. Sometimes a lender will waive the requirement of an appraisal when they know there is significant equity in the property.
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