7. How long is an appraisal good for? It can be used for a lending decision up to a year after completion, but in today’s challenging real estate environment, a lender might not want to go over.
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Since mortgage rates can change several times a day, it’s more important to pre-qualify your lender about his/her competency level with regards to mortgage rates. If your lender doesn’t know what to look for or how to answer some basic questions, there is a good chance you may not ever see that initial interest rate you were quoted.
Contact Aegis Appraisals, Inc. at 281-305-4222 to discuss your real estate appraisal needs today. As licensed appraisers, we possess the comprehensive know-how and competence to provide the level of dependable property value opinions that banks and national lending institutions need for home loans. And with years of experience that only comes with appraising in Sugar Land and the surrounding.
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