Rose Knows The Poconos

7 Factors that Affect a Home Appraisal
CENTURY 21 Select Group 1 year ago

An appraisal is a critical part of the homebuying process, as it determines the value of the property before a lender agrees to move through with a mortgage. But how is this value calculated? Check out this list of seven factors that impact the value of a home during an appraisal.

Condition of the home

First, the appraiser will note some of the general details of the home, ranging from the materials used throughout the house to the property’s overall condition. If anything is unsound or unsafe...
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