What You Need to Know About Appraisals for “For Sale By Owner”
July 6, 2023
During the sale of a home, a buyer is required to have the home and property appraised if a home loan (and therefore a bank) is involved. However, in the absence of that situation, there are many times when it makes sense for a homeowner to individually request an appraisal. During a FSBO scenario (for sale by owner), an appraisal is often a helpful and necessary step in achieving the best outcome for the sale of your home. Here are a few things to consider.