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Why is an Appraisal Important When Buying or Selling a Home?

One the biggest components in buying a home when a lender is involved includes an appraisal. If you buy a home with cash and sometimes with a conventional loan, you can bypass this step. With an FHA loan and an VA loan, you cannot.  What is an appraisal?  In simple terms and Appraisal is a valuation of property.  An appraisal ordered for the purchase of a home is to determine if the price agreed upon by seller and buyer is acceptable by the lending institution. If an appraisal comes in low, the lender will likely decline to fund the deal. Unless the buyer is willing to come to the contracted price the deal to purchase can fall apart.  So what happens if the Appraisal come in Low? Sometimes a buyer will pay over the appraised value in order to buy the home. Sometimes the seller will lower the contracted price to the appraised value in order for the deal to continue. Sometimes the deal falls apart.  Loan types will determine what you can do as a buyer to get past the low appraisal. A con

This Weekend: Dinner Wear





When we go to the beach, we usually eat dinner in. Especially during the peak season, it is much easier to stay in and cook than fight the crowds. We are fortunate that we have family that lives at the beach so we can visit anytime. I know... we are spoiled. Living near the coast has always been a dream of mine and although we have lived here almost six years now, I still pinch myself at that dream coming true. If you dream it... 

We ate a wonderful spread of crab dip, (My mother in law catches the crab right in her back yard!) fresh Mahi tacos with our prize winning salsa. Perfection!

This is what I wore: 

Shirt: Alloy
Undershirt: Urban Outiftters
Skirt: JCrew
Sunglass: JCrew
Shoes: None of Course!


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