March 2022

Understanding the Home Appraisal Process

The home appraisal process in Canada is the process of determining the market value of a property, typically performed by a professional appraiser. The appraisal report is often used by lenders when considering a mortgage application, and it provides an unbiased assessment of the value of the property.   It is possible to hire your own appraiser which is on the bank’s approval list.  The process...

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