What Does the Home Appraisal Process Look Like?

Next up in our Homebuyer Series: “What Does the Home Appraisal Process Look Like?”

You found your dream home, your offer’s accepted… and then the lender orders an appraisal. What does that mean for you?

In this video, Derek and Tim Griffin from Prosperity Home Mortgage break down the appraisal process—why it matters, what can happen if it comes in low, and who pays for it (spoiler: it’s usually the buyer).

More helpful tips coming soon—stay tuned!

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What Is an Escrow Account, and How Does It Work?

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What Are Closing Costs, and How Much Should I Budget?