Finding your dream home and continuing on the path to home ownership is difficult – especially when the process is so confusing.  Below is a graphic that does a good job of explaining what an appraisal is, how it works, and who it is for.

Often, something goes awry and its not uncommon for that “something” to be appraisal. The infographic below goes into the art and science behind home appraisals.

Adapted from Lending Expert Blog/Shashank Shekhar 

Plano mortgage loan

Resources

HowStuffWorks “How Home Appraisals Work

How Appraisals Work

What Does a House Appraiser Look For? 

How to avoid a low home appraisal

Facts About Residential Real Estate Appraisals 

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