Home Appraisal

Using the VA Loan Escape Clause for a Low Appraisal Using the VA Loan Escape Clause for a Low Appraisal
April 9, 2024
An overview of the "escape clause" contingency for VA home loans that allow borrowers to back out of the deal in a low appraisal situation.'
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Average Cost of a Home Appraisal in Washington and Other FAQs Average Cost of a Home Appraisal in Washington and Other FAQs
October 31, 2023
People tend to have many questions about the home appraisal process in Washington, and we've addressed some of them in the past. In this article, we'll review the average cost of an appraisal in Washington, factors influencing the cost, and scenarios where an appraisal might either be required or warranted.'
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Appraisals, Comparable Sales, and Market Values: A Washington Buyer's Guide Appraisals, Comparable Sales, and Market Values: A Washington Buyer’s Guide
October 18, 2023
​​If you're going to use a mortgage loan to buy a home in the state of Washington, you'll probably experience the home appraisal process firsthand. In this article, we will explain the interconnected relationship between home appraisals, comparable sales, and market values. More importantly, you'll learn how these things can influence the amount of money you're able to borrow when buying a home.'
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How Home Appraisals Affect Mortgage Approval in Washington How Home Appraisals Affect Mortgage Approval in Washington
April 26, 2023
In this article, we will explore how home appraisals affect mortgage loan approval in WA State, and what a buyer can do to help keep the process on track.'
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appraisal-gap What Buyers and Sellers Need To Know About the Appraisal Gap
December 30, 2021
Unless you’re paying cash, a home appraisal is a must. The results of the appraisal can impact whether or not you’re able to move forward with your home purchase. Here’s what you need to know about the dreaded appraisal gap.'
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Im Buying a Home But My Appraisal Was Too Low What No I’m Buying a Home But My Appraisal Was Too Low! What Now?
November 18, 2021
You already know that in order to get a mortgage, you’ll have to get an appraisal, which is a written opinion of the property’s value. But what if it comes in too low? This article will go over what happens…'
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