Vancouver Portland Real Estate Blog

Inspections

Money, it's a crime

I am often asked what a lender inspection is. It means that the company providing the mortgage (Bank, or lender) will send someone to look at the property you are going to purchase or refinance. They do this to be sure that the property is worth the amount of the proposed loan. There are many factors involved in determining the value. This is called an appraisal.

Related posts:

  1. The Costs of Getting a New Home Loan
  2. Five Ways to Maximize Your Appraised Home Value
  3. Closing costs
  4. Some Advise For the First Time Buyer
  5. Benefits of Home Ownership

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