First of all, since the rules on the mortgage market makes the oficial valuation of the property of obligatory accomplishment, the election of the society that will make the apprasisal can be obtained for mutual arrangement, between tha one who wants the loan and the bank or lender.

Even if the mortgage loan is done or not, the buyer will have to pay the appraisal that have been done for him.

This legal obligation is supossed to represent a benefit for the buyer, because it should assigned with accuracy the value assigned to the property, since that’s why a profesional expert makes the appraisal… Though it could happen that the appraisals for the same property are made by two different companies, so sometines the prices that both of them make don’t match. This can cause disorientation on the buyer, and it would be worst if he is from other country.

The appraisal value is a determinant element to establish the price , because now the sale price will be the result of what the buyer want to offer for the property and of what the saler decides to accept, it depends if his in a hurry to sale ori f he prefer to wait for a better offer.

What is the real value of an appraisal nowadays? Where do this legislation, that requires the buyer to pay for an appraisal even though they will not give hin the mortgage, will develop? Nowadays, it is a needless expense, a useless one.

sell home fast