Most homeowners only think about an appraisal when they’re buying or refinancing — but there are at least seven other situations where a real, USPAP-compliant appraisal solves a real problem. Here’s the practical guide, situation by situation.
Your lender may offer you the option to skip the appraisal entirely — and make it sound like a gift. Before you accept a Property Inspection Waiver, here’s what’s actually at stake and why a few hundred dollars for an independent appraisal could save you far more.
