Understanding Appraisals: Key Insights for Homebuyers, Sellers, and Realtors 🏡📊

The Mortgage Guy

In this episode of The Mortgage Guy Podcast, we’re breaking down everything you need to know about appraisals—one of the most critical (and often misunderstood) parts of the homebuying process. Here’s what we cover: ✅ Why appraisals are so important to lenders and how they’re scrutinized by Fannie Mae, Freddie Mac, and other agencies. ✅ Common sticking points with appraisals for buyers, sellers, and realtors. ✅ Unacceptable appraisal practices: How comps, property conditions, and neighborhood factors impact valuation. ✅ Why some appraisals come in lower than expected and what options you have when this happens. ✅ How appraisers’ decisions affect their licensing, lenders, and the overall mortgage process.

Western Ohio Mortgage MB #9601 Adam J. Rose NMLS #870301