Backup Offers in Real Estate Let’s talk about backup offers. When you’re in a competitive market such as Long Island’s real estate market, there is always the possibility that a home you are interested in already has an accepted offer, or your highest and best offer was ultimately not selected. Now, if that is the …
Home Appraisals vs Home Inspections When involved in a home sale, appraisals and home inspections are both typically part of the process. Appraisals and home inspections have some similarities but there are also key differences between the two processes. Home Appraisals Appraisals estimate a home’s value for the mortgage lender. Appraisers are licensed third parties …
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