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Questions are the fuel to our communications here at AmeriFirst. We love them. It allows to help hopeful home buyers better understand the process. One person's question is very likely the same question for many others. In other words, you're never alone in your questions about the home buying process. This question came from a reader, so we thought we'd share the answer.
Home appraisals can be one of those things home buyers get tripped up about during the buying process. In fact, we've talked about home appraisals and why they're needed before. The fact is, they're good for buyers, sellers and everyone involved. But they can also be frustrating when an appraisal comes back with required repairs.
As foreclosures and bank-owned homes sit on the market longer, buyers run into a major problem: there's no one around to stay on top of maintenance, repairs or other issues. Or maybe the homeowners who walked away took things like appliances with them.