appraisal: When is It a Good Idea To Remove The Appraisal Contingency? - 01/25/14 10:53 AM
If you are purchasing a home with a mortgage, you will have to have an appraisal for the bank to determine if it will give you a loan provided you have jumped through all the other hoops. However, if you are a cash buyer, the answer to this question most of the time is "It depends."
If you want to make certain that you are paying a fair price for the home based on recent comps and an appraiser's professional opinion, then obviously you will want to get an appraisal.  But what do you do when you find the absolute dream … (21 comments)