• Home Page

• Home Search

• MLS Search

• About Boston

• Boston Neighborhoods

• Boston Schools

• Home Buyer Info

• Home Seller Info

• Conway Home Services

• Conway Financial

• Conway Relocation

• Contact Paul

• About Paul

• Privacy Policy

• Boston Links

What Is An Appraisal?

After the inspection and removal of any inspection contingencies, the lender will order the appraisal. The lender wants to know if the loan you are requesting can be justified by market value.

The appraiser, usually an independent appraisal company, will inspect and measure the house, take photos, find at least three or four comparable sales in the area, and conduct an analysis. Usually within three days they send their appraisal to your lender.

Assuming the appraisal comes in at or above the price, loan approval is granted; everyone moves on to the closing phase of the transaction. You may request a copy of the appraisal.

Contact Paul Casavant for your next Southie Home!
(857) 636-8762 Cell

Home Buyer Index | The Home Buying Process | You Need a REALTOR | Reasons to Own Your Own Home
Tips for First-Time Homebuyers | Reasons to Choose A REALTOR | Title Insurance? | Appraisal?
Earnest Money? | Structural Inspection? | Moving Checklist

• Eastside
• City Point
• Thomas Park
• Westside
• Seaport Area
• Boston Harbor