Why Do You Have To Pay For A Home Appraisal Upfront?

A man paying money

You must pay for a home appraisal upfront because it’s an independent service required before mortgage approval. Lenders need this unbiased property valuation to confirm the home’s worth matches your offer. The appraisal protects both you and your lender from overpaying for the property. Since appraisers work as neutral third parties separate from your lender, […]