An appraisal verifies that the house is actually worth the amount it is being purchased for, protecting both the buyer and the mortgage lender. It traditionally involves an in-person visit to the property and an inspection of the house. A real estate transaction may not close if the appraisal is different from the listed price of the property.
We have a new home!
We’ve changed our name and have moved to a new website at doma.com, but don’t worry – the team formerly known as North American Title Company remains the same. We look forward to continuing to work with you!
