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When a lender is involved in a real estate transaction, they will require an appraisal of the home being purchased be conducted in order to ensure that the mortgage amount is justified by the overall value of the home. An appraiser might come to the home and compare...

Purchasing a home is one of the biggest purchases a person can make in a lifetime. It is important for a home buyer to be aware of the condition of the home before a purchase. Because of that, most real estate contracts provide for a period of time during which a...