Find out what home's worth with good appraisal

Editor's note: Robert Bruss is taking some time off due to an illness. This column originally appeared in May 2006. ---------- When a home buyer makes a small or zero down payment, the appraisal is vital to obtaining a high loan-to-value ratio mortgage. However, if a home buyer makes a large down payment, then the appraised valuation to confirm the sales price is not so critical.

Robert Bruss, Inman News

April 26, 2007