This guide will take you through the appraisal process, what to expect based on the type of loan being used, and what you can do as a homeowner to address issues and maximize your home's value. A home ...
The scenario: A home is listed for $450,000. But it’s a flaming hot seller’s market, inventory is low, and properties are getting snapped up almost as soon as the “For Sale” signs go up. You, the ...
When you’ve found a buyer for your home and accepted their offer, one of the final steps before closing is to obtain a home appraisal. The home appraisal ensures that your home is worth the price the ...
Whether you’re buying or selling a home or refinancing your mortgage, having a home appraisal completed is a critical step in the process. Problems pertaining to home appraisals are the second-biggest ...
Get guidance from trusted mortgage experts. Most homeowners refinance for financial reasons, such as to lock in a lower interest rate or switch from an adjustable- to a fixed-rate loan. Refinancing ...
As interest rates fell and home prices rose last year, Carlette Duffy of Indianapolis applied to refinance her mortgage and got a gut-punch of a surprise when the appraisal came in. Duffy estimated ...
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 ...