A home appraisal is an unbiased opinion of the home's value by a professional appraiser, and you must have an appraisal to get a mortgage.
A home appraisal is an unbiased opinion of the home's value by a professional appraiser, and you must have an appraisal to get a mortgage. The appraiser uses a checklist to evaluate the home and create a report with detailed information about the house, including amenities, size, condition of the interior and exterior, and a floor plan.