We’re excited to announce that NAR has released the newest addition to the “Consumer Guide” series: The Appraisal Process. This resource offers valuable insights into what an appraisal is, the data analyzed during the process, and how lenders use the appraisal value to determine borrowing limits for buyers.
All guides in the series, available in both English and Spanish, can be downloaded from facts.realtor. For your convenience, here’s a list of the most recent guides in the series:
- NEW: The Appraisal Process
- Agency and Non-Agency Relationships
- Steps Between Signing and Closing on a Home
- Mortgages and Financing
- Buying Your First Home
We are sharing these resources with you to help ensure you’re equipped with the knowledge you need to navigate your homebuying or selling journey.