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The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

Yes, a pot filler can add value to a home by attracting buyers with its combination of prestige and usefulness. When building or renovating a kitchen, pot filler installation costs can add value without significantly increasing your overall budget. However, it's important to consider the overall design and layout of your kitchen before deciding to install a pot filler. Unlike other parts of the stove, a pot filler may not be used every day. Pot fillers are most appreciated in larger kitchens with a large distance between the sink and stove. In a smaller kitchen with a sink located close to the stove, a pot filler may seem like an unnecessary feature to some potential buyers.

An estimate is more informal than a quote. Estimates are based on the contractor's prior experience, and they are expected to be off by 10% to 15% of the actual project cost and timeline. Quotes are more formal and require far more detailed information outlining the scope and cost of the project, including a thorough inspection of the area where the contractor will work. This is because the quote is expected to become a binding contract while an estimate does not have this expectation.

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.