Be the REALTOR® that's in the know

As previewed last week, NAR is pleased to share the latest consumer guide focused on the appraisal process. This guide covers what an appraisal is, the data that is analyzed as part of the process, and how lenders use the appraisal value to help determine how much money a buyer can borrow. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: The Appraisal Process Agency and Non-Agency Relationships Steps Between Signing and Closing on a Home Mortgages and Financing Buying Your First Home Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover inspections.