Tag: who pays for appraisal

HOMEBUYERS: UNDERSTANDING CLOSING COST* #3

Non-recurring (one-time expense) Closing Cost: “APPRAISAL” Fee. This fee is usually paid upfront.  The appraisal determines the value of the home.  PREVIOUS PAGE: UNDERSTANDING CLOSING COST #2 NEXT PAGE: UNDERSTANDING CLOSING COST #4 *CLOSING COST are different than your Down…