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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

While I've Been Away

For those of you who read me on a regular basis, sorry to be away so long. We have been so busy around here since Christmas. 


Ava has been swimming in multiple swim meets and that means early, early hours- LIKE 5 a.m. I don't think I have ever gotten up so early. 

We finally had Christmas with the kids and by that I mean, we finally got our gifts. We went to Snowshoe, West Virginia and skied for three days. It was beautiful and I recommend to anyone who skis, Snowshoe is the Mac Momma on the East Coast. 

Then the following weekend, last weekend, Joe and I turned right back around and headed up 81 to Knoxville, Tennessee for me to sing in one of my bestest friends weddings. It was beautiful and fast. When we got back Sunday, Joe was right back out the door to San Diego. 

The girls and I have been cleaning house, going to school, working and trying to get some sleep in. I've been addicted to The American's on Amazon Prime when I can carve in some time. Hope all is well with you. 

We are having a party for friends on Valentines Day because everyone wants to visit. I'm excited because Joe will be home. If he brings me a Vermont Teddy Bear though it may be the end for us. 

I'll be updating the camera roll on here very soon.

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