What do you need to know about Home Appraisals in 2021? You might be wondering how does an appraiser determines the value of your home and what you can do when the appraisal came in lower than the purchase price. What is your appraisal contingency when the home value is appraised lower than the asking price?

This video will help you understand the entirety of the home appraisal process and how home appraisals really work in 2021 and 2022. I want to share some awesome home appraisal tips especially if you are a first-time homebuyer. You need to understand the real estate appraisal process especially now that home values are about to increase in the 2022 Real Estate Market.

As a buyer how do you safeguard yourself if the appraisal falls short? As a seller do you
understand all the appraisal options, and how do you ensure your buyer performs? We are going to go over the entire home appraisal process so you can prepare for a home appraisal in 2022.

00:00 Beginning
00:10 How Do Appraisals Work?
00:24: Appraisals are the opinion of Value
00:45 Full Protection
01:10 Partially Waive the Appraisal
02:28: Complete the Waiver

Did you find these tips helpful? Make sure to let us know your thoughts in the Comments section below.

#HomeAppraisals2021 #WhatYouNeedToKnowAboutHomeAppraisals #ChatmanRealtyGroup

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Sascha Chatman REALTOR®
Chatman Realty Group
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