An appraisal gap is when the estimated value of the property, as determined by an appraiser or lender, differs from the amount disclosed in the valuation reports. If there is a significant difference between the two figures, it can cause delays and problems with your home loan process.
An appraisal gap is when the estimated value of the property, as determined by an appraiser or lender, differs from the amount disclosed in the valuation reports. If there is a significant difference between the two figures, it can cause delays and problems with your home loan process.