Bank of Internet offers affordable low mortgage rates and provides the peace of mind of low fees. Whether purchasing or refinancing a home, future and current homeowners alike enjoy great financial freedom when receiving a home loan from Bank of Internet Federal Bank. In any case, it is imperative to have the property inspected in order to provide the most accurate and valuable loan.
The primary method of inspection is the comparable method. A thorough inspection of the property is made. Its qualities are then compared with other homes in the area that have sold recently. From this valuation a comparable value can be placed on the home in order to determine its relative selling price.
Market statistics are also determined for the area in which the home is being sold. Dependent factors are time that the house has been on the market, as well as the amount of time that similar houses are on the market within the same area.
Obtaining a copy of the appraisal is easy with Bank of Internet. It gets the buyer that much closer to experiencing Bank of Internet's low mortgage rates and fees on their home loan.