Episode Synopsis "Utah Real Estate- Why Are Appraisals So Important?"
What is an appraisal and why is it important? If you are buying a home with the help of a lender or refinancing your mortgage, you will have to go through the appraisal process. The appraiser is hired by a neutral third party in order to determine the value of the property. How does the appraiser come up with that value? Why is the appraisal so important?