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1.The buyer pays the mortgage company to hire an appraiser
2.Main objective: "Opinion of Value" or market value measure
3.Protects you and the lender for financing/buying a home
4.Usually run between $250-$350
5.Good players know local property values
6.Good players use good comparables
7.You are entitled to see a copy when complete
8.You are entitled to have a copy from closing. Be sure to request
your appraisal
immediately or it will be filed away.
9.You may dispute
10.Depending on circumstances you may hire another
11.May be helped by providing all the information you can
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