Home Financing - Appraisal

We all like to think our home will appraise for the highest value in the marketplace.  We  have to be realistic and realize that the kitchen, bathrooms or some other area of the home may be a bit outdated.  The neighborhood may be declining, or may not be increasing in value as much as other areas.  An Appraisal that results in a lower than anticipated value may not provide all the refinancing funds you need.  In the case of a sale, if you paid more than the market value of the property, you will either have to make up the difference between the appraised value and sales price, or walk away from the property.  FCS works closely with the Appraisers we use.  If there is a potential problem with the value, we'll know quickly and inform you so we can discuss your options.  Additionally, in order that the loan process goes smoothly, we stay in touch with the Appraiser to assure your Appraisal is completed on time.

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