How Long Will You Have to Wait for An Appraisal?
So, finally you have found your dream nest, got it inspected by an expert and successfully done negotiations. Finally, your request for a home mortgage loan has been preapproved. You have now got the fully furnished sales contract for your new nest. What Next? A Home Appraisal! You will need a home appraisal as soon as you receive a mortgage loan. The appraisal process is not always smooth. But as a buyer, you should know why it is important in the entire process. If you are buying a home for the first time, you might not be aware of the steps until you’re involved in the process. It helps if you prepare yourself for the home appraisal procedure and know beforehand how long it will take. How Long Will It Take? Most appraisers take 1-3 hours to inspect a home physically. However, some appraisals can take less than an hour. In some cases, it may go up to a week or two to present the final appraisal report. After the appraisers from the commercial real estate agents in Phoenix v