Whether you are buying or selling a home, you should know the difference between assessed value and market value. They are two different numbers, sometimes vastly different, that affect your purchase/sale in various ways.Get Matched with a Lender, Click Here. Explaining Market Value A home’s market value is the value of a home based on the current market conditions. It’s … [Read more...] about Assessed Value vs. Market Value: How are They Different?
When you buy a home, it’s often a good idea to include some contingencies in the purchase contract. These contingencies protect you should something go wrong after you sign the contract. They give you a ‘way out’ if certain situations occur. One popular contingency is the appraisal contingency.Looking for Current Mortgage Interest Rates? Click Here.Keep reading to learn … [Read more...] about Should you Include an Appraisal Contingency Clause in Your Purchase Offer?