Who will appraise my home?
If I get a reverse mortgage, I know that I will need to get my home appraised. Who is responsible for appraising them? Do I have to hire someone to appraise the house?
American Advisors Group | Robyn Perry
The appraisal is conducted by a third party, and because of this, you will need to cover this cost out of pocket. However, this appraisal is a crucial part of securing the help we can give to you. It may be an expense to you now, but the overall benefits of a reverse mortgage will far outweigh this fee. You do not need to worry about who to contact though, we make all the arrangements for you. Your dedicated reverse mortgage professional will liaise with you and make the appraisal appointment at a time that suits you best.
To learn more about American Advisors Group, order a free educational DVD from our website, or call the phone number provided. The DVD features Former Senator Fred Thompson, and watching it will give homeowners the best advice for a better life. We hope to hear from you soon.
Disclaimer: The response above is not intended to be anything other than the educated opinion of the author. It should not be relied upon as financial advice. America Advisors Group recommends speaking directly with an AAG Reverse Mortgage Professional regarding your specific situation and needs. Please call 1 (800) 466-0572 to receive AAG's information pack with a FREE DVD and Brochure featuring Former Senator Fred Thompson.
Replied: 3/28/2011
To learn more about American Advisors Group, order a free educational DVD from our website, or call the phone number provided. The DVD features Former Senator Fred Thompson, and watching it will give homeowners the best advice for a better life. We hope to hear from you soon.
Disclaimer: The response above is not intended to be anything other than the educated opinion of the author. It should not be relied upon as financial advice. America Advisors Group recommends speaking directly with an AAG Reverse Mortgage Professional regarding your specific situation and needs. Please call 1 (800) 466-0572 to receive AAG's information pack with a FREE DVD and Brochure featuring Former Senator Fred Thompson.
Ask a FREE Reverse Mortgage Question
Ask Your QuestionMore Questions
- Is there a set maturity date on the reverse mortgage?
- How will my reverse mortgage affect my eligibilty for other types of loans?
- Can I start paying off my reverse mortgage now?
- Do my property taxes differ with a reverse mortgage?
- Does the bank own my home after I sign up for a reverse mortgage?
- How do I apply for a reverse mortgage?
- How do I designate who will receive my reverse mortgage debt?
- Can I get a reverse mortgage if I have a part time job?
- Which reverse mortgage will cost me less?
- What are the pros and cons to a reverse mortgage?
- How do I know if I qualify for a jumbo reverse mortgage?
- What are the out of pocket expenses of a reverse mortgage?
- Would it be practical for me to get a reverse mortgage if I need financing for a short amount of time?
- Am I going to have to pay back my reverse mortgage if I choose to sell my home?
- What happens if my loan balance on my reverse mortgage is greater than my house value?
- How many lenders should I talk to before getting a reverse mortgage?
- What bills will I still be required to pay if I sign up for a reverse mortgage?
- What is the timeline and requirements I have to follow if I want to cancel a reverse mortgage?
- How long will I have to sign the paperwork once I get approved for a reverse mortgage?


Certified RM Professional



