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Even if you are an expert on this, consult with your team of
mortgage broker, realtor, and attorney (if hired) to guide your
decisions and actions at this stage.
Once an agreement is signed, your lender will most likely order an
appraisal. The lender wants to ensure that you are not paying more
than you should for the house, and you don’t want that either. The
cost of the appraisal will be passed on to you at closing.
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