T H E  B L O G

One of the most overlooked parts of the home selling process is the appraisal. It happens after the offer is accepted, after the excitement of going under contract, and often after both the buyer and seller feel like the hard part is over. In reality, the appraisal is one of the few moments in the t

Let's face it, buying and selling a home has a language of its own! So just what is an appraisal? Isn't it the same as the assessed value of a home? No. The assessment is the value the city or town puts on a property. It's somewhat arbitrary, based on factors including the municipality's budget - ho

What is PMI? It is Private Mortgage Insurance, and it may be your savior when it comes to buying a home in this market. With home prices at the highest levels ever, and limited inventory to choose from, competition for affordable homes is fierce - especially with recent mortgage rate increases reduc

What is the Purpose of an Appraisal? A home serves as collateral for the mortgage loan, so the lender needs to make sure that the home is worth the price being paid.  An appraisal provides a means for the lender to determine the value and condition of the property, and analyze the fair market value