Mortgages

What is an appraisal?

An appraisal report contains an opinion on what your property is worth and the reasons the appraiser reached that opinion. You have a right to receive a copy of your home appraisal report if you make a written request after submitting your application. Your lender can charge you for the cost of the appraisal, but not for obtaining a copy of your appraisal report.

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