As we move through this busy summer selling season, there are a few things you should know if you’re in the market to buy a home. We’ve noticed a trend with out-of-town lenders having issues finding appraisers to complete appraisal reports promptly. Many use appraisal management companies, which are charging a crazy rush fee on the appraisal. For them, a rush means you might get the appraisal in three instead of four weeks.
Our local lenders can typically get appraisals done within two weeks.
Our local lenders can typically get appraisals done within two weeks. That’s one of the many reasons you should try to use a local lender for your home purchase if you can. New construction has been seeing some delays because of a shortage of lumber and labor. Homes are taking a little longer to be built, so prepare for delays if you have plans of buying a new construction home. If you have any real estate-related questions, don’t hesitate to reach out to us via phone or email. We look forward to hearing from you soon.
