What Is An APPRAISAL? | Real Estate Terms You Need to Know

What are some important real estate terms you need to know?

In this video we tackle a quick understanding of 'Appraisal'.

If you're planning to purchase a home, you've probably heard of the word 'APPRAISAL'.

This is typically done by your lender, and occurs after you've agreed to purchase the home. They want to ensure that the home you're buying is worth what you've agreed to pay for.
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Serge Papineau is a Real Estate Agent in Ottawa, Ontario.
If you have any questions around buying or selling in Ottawa, please don't hesitate to reach out!

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Instagram : Sergetheottawarealtor

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#appraisal #what_is_an_appraisal #home_appraisal #ottawa_real_estate_market #ottawa_realtor #realtor_in_ottawa #real_estate_terminologies #real_estate_terms #ottawa_real_estate #ottawa_homes #ottawa_properties #ottawa_neighborhoods #ottawa_neighborhood

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