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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

What We Are Liking Right Now

Ever since I started this blog I haven't done one of these. I think it's time. 

Pepperidge Farm Chessmen Cookies are phenomenal but my britches are feeling a little snug so I need a pack that prevents me from eating more than my mouth wants to taste. These 100 Calorie packs are perfect.


A reason my britches might be tight is because of my love of this beer. I thought I loved the Summer Shandy but the Orange Shandy is even better. 


Cranberry Churtney Vegan Soaps from the store I work in, Quirks of Art. This soap smells good enough to eat and I am not joking. When I walk past these in the store I just want to be smothered in their goodness. 


This Chick. The kids have been listening to her for over a year and now I am obsessed? Just call me old I guess. 


Knowing this starts Sunday!! 














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