Don't rely on verbal promises. Make sure that you receive a written promise stating that you can cancel without charge if the performance is other than what was promised. Not First Obtaining A Qualified Bank Appraisal And Commitment For Financing From A Home Lender. Your home will have to be appraised by a state licensed bank appraiser sooner or later. Sooner can result in several extra thousands of dollars in your pocket.
Buyers are afraid of paying too much for a house.
That's why they often make low offers. A certified bank appraisal helps you sell for full price because the buyer can see that the price was established by a professional third party. For Your New Home. Nothing is more heartbreaking than to sell your home and find your new dream home, only to find that you can't obtain financing for the dream home. A written pre-approval is a formal written promise by a home lender to make you a new home loan.