Better said the guarantee is using its platform to match realtors and investors to assess where the home’s value is likely to be compared to the purchase price. An appraisal guarantee is available in every market with Better real estate agent and where Better mortgage is licensed to do business, except Hawaii, Nevada and Massachusetts.
“Better’s mission is to make home ownership more affordable. Traditional valuation policies and practices discourage minorities, LGBTQ communities and others from buying homes and accumulating wealth for themselves and their families, ”said Better founder and CEO Vishal Garg. “We do this because it is absolutely the right thing to do for our clients. With the Better Appraisal Guarantee, customers can make offers with confidence, allowing them to opt out of pricing contingencies to solidify their offer without overpaying. ”