10 Oct, 2023
Buying a Home with Cash?
One question we hear is, “If I have the cash, and I don’t need a lender to give me a loan, why would I spend the money for an appraisal?”.
The short answer is: to get an independent opinion of the value of the home. Because you’re making a BIG decision and extra information to inform that decision is a good thing. Because after the inspection (by a licensed home inspector, to determine the condition of the property), you might want to re-negotiate the contract terms (before your option period runs out).