Understanding Real Estate Mortgage Appraisals | Quicken Loans Education

Published on Nov 25, 2014

Mortgage appraisals are an extremely important step in the mortgage process. They determine the fair market value of your home or property that you want to buy. Appraisals are done by licensed 3rd party appraisers and not by mortgage companies – by law. Mortgage companies are not allowed to have any influence on appraisals. To learn more, watch the video or go to http://www.quickenloans.com/blog

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