Hear ye, hear ye. Inspections and Due Diligence are not the same as Appraisals. Many buyers seem to be confused by these two hurdles in a home sale. I am here to explain and educate.The lender orders an appraisal to ensure the property is valued at or below what the buyer has committed to pay. The appraisal protects the lender or bank by ensuring that the bank is not lending too much mon...
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