Business profile for Process Solutions in Durango, Colorado. Infofree.com offers unlimited sales leads, mailing lists, email lists.
An appraisal is an unbiased professional opinion of a home's value. Appraisals are almost always used in purchase and sale transactions and commonly used in refinance transactions. In a purchase and sale transaction, an appraisal is used to determine whether the home's contract price is appropriate given the home's condition, location, and features.
The VA appraisal is an assessment of the propertyâs value and condition by an independent VA appraiser. Itâs required for every VA purchase loan. But donât mistake the appraisal for a home inspection. These are two different things, and appraisals arenât as in-depth or detailed as a home inspection.