{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Lender is Letting Us Waive Appraisal. Is This a Good Thing?","description":" \ud83d\udcde Schedule a time to meet with Bill here: https:\/\/calendly.com\/blitton\/  \ud83d\udcf2 Text \u201cLEND\u201d to 21000 to schedule a free 15\u2013minute consultation When you\u2019re buying a home, one of the key parts of the process is the appraisal. But what if your lender says you can waive the appraisal? This option is becoming more common, but is it always a good idea? Bill discusses when and why lenders offer appraisal waivers, what they mean, and the potential risks involved. Tune in to understand the decision-making process behind appraisal waivers and whether it\u2019s the right move for you. Here\u2019s what we discuss in this episode:  \ud83c\udfe0 Appraisal Waiver: Lenders may offer this option for convenience, but it\u2019s not a one-size-fits-all solution  \ud83d\udcb8 Cost Savings: Waiving the appraisal can save you up to $800 on the process  \u2696\ufe0f Risk of Overpaying: Without an appraisal, there\u2019s a risk that you could be overpaying for the home  \ud83d\udcc9 No Negotiation Leverage: Losing the ability to renegotiate the price based on the appraisal value  \ud83e\uddd1\u200d\ud83d\udcbc Professional Insight: An expert advisor\u2019s input can ensure this is done properly CONTACT: Schedule a time to meet with Bill here: https:\/\/calendly.com\/blitton\/ Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https:\/\/smartmortgageshow.com\/ Call: 484-352-4151.  Check us out on YouTube: https:\/\/bit.ly\/3KbUxAF ","author_name":"Smart Mortgage Show with Bill Litton","author_url":"https:\/\/smartmortgageshow.com\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/40779500\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/40779500"}