What’s a Home Appraisal—and Why Does It Matter When Buying in West Volusia?

by Allen Thompson

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When you're under contract to buy a home, one big step can affect the entire deal: the appraisal.

An appraisal is a third-party estimate of a property’s market value. Lenders require one to ensure the home is worth the loan amount they’re approving.

Here’s why appraisals matter for buyers in DeLand, Deltona, and beyond:

It protects you from overpaying
It determines loan approval if financing is involved
It may impact negotiations—if the home appraises lower than the offer, you’ll need to revisit the terms

👉 Tip: Work with an agent who knows how to support your offer with strong comps, especially in today’s shifting market.

Need help navigating your appraisal or prepping your offer? Let’s talk!

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“My sister and i were in the market for an investment property in West Volusia. I have purchased a number of properties from numerous agents. They all were nice and competent, but Allen was very accommodating with his time and efforts. We called him too many times and changed our ‘wish list’ half a dozen times. He never became impatient. If he didn’t have an answer, he would reach out to necessary parties to get it immediately. I’ve never written a review for an agent, but for Allen, I made an exception. He is fun, personable, professional, and informed.”

+1(386) 400-2556

allen@homesofvolusia.com

1411 S Woodland Blvd, DeLand, FL, 32720

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