A home appraisal involves an objective professional evaluating a home to determine its value. Home lenders commonly order appraisals during mortgage or refinance underwriting. Appraisers take many ...
Whether you’re a homebuyer or seller, it’s easy to confuse a home appraisal and a home inspection. After all, both involve a professional visiting your home and evaluating the premises. However, there ...
An appraiser determines a home's value by looking at the size, location and condition of the property. Appraisals are dependent on comparable sales, which are similar homes within a mile of the ...
You can get a home appraised for free through government programs or if you’re in good financial standing. A house appraisal is a necessary, sometimes costly, part of homebuying or selling. These ...
Do you need a home appraisal to qualify for a HELOC or home equity loan? While you’ve been focused on everything else life throws at you, your property has been working behind the scenes. Most people ...
When buying or selling a home, an appraisal verifies that the sale price of the home is in line with fair market value. This ensures the homebuyer doesn’t pay more than the home is worth, and the ...
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