Do this this first when an offer is accepted on the home you want to buy


Once a purchase agreement is accepted by all parties, one of the biggest issues that comes up is the home appraising for the purchase price. I have been encouraging my home buyers to have the home appraised first before having a home inspection. Average appraisals cost around $350. Instead of spending a couple hundred dollars towards the home inspection and removing this contingency first, have the home appraised first to ensure that the home purchase will appraise. If the home does not appraise for the purchase price and the sellers are unwilling to adjust the sales price, this technique will save you a few hundred dollars on an inspection that would be for nothing.

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