What is the purpose of the lender's appraisal fee?

  the purpose is that a certain lender must ensure that a home is financially and structurally sound, so the appraisal is intended to benefit the lender rather the buyer who pays for it. when used for a mortgage loan, the lender orders the appraisal through a third-party appraisal management company or directly from the appraiser.

c

c

c

c

c

c

c

cc

c

step-by-step explanation: