Last week we outlined how home appraisers gather and measure the qualities of a house based on its neighborhood, site, and home improvements. Now we will try to explain how they use visual impressions ...
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 ...
You might need to hire a home appraiser to set up your estate for inheritance, qualify for insurance, reduce property taxes, or to help you determine future improvements to your home. But what does an ...
Real estate appraiser Matt Cook just finished working his way through a house to gauge its value when the homeowner reached out to shake his hand. Inside the man’s palm was a $20 — as if he was ...
Get guidance from trusted mortgage experts. A lower-than-expected home appraisal can be disappointing, whether you’re purchasing a home or applying for a refinance. A home appraisal that comes in low ...
When you’re refinancing your mortgage, your home's appraised value has a major impact on how much of a loan you can get. An appraisal is an independent assessment of your home's value that a lender ...
Question: We have not purchased a home for 15 years. A lender is telling me I cannot pick an appraiser I know to be a solid appraiser, and that the lending rules have changed. Is this true? And if it ...
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