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 ...
Home appraisals are critical to the home buying and selling process. While they’re one of the best opportunities for an objective party outside the deal to assess a home’s true value, they can also ...
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 ...
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 ...
NerdWallet advised homeowners to always get their hands on their official appraisals. When appraisals are done for a bank ...
Lenders require appraisals for home equity loans and HELOCs to reduce the risk of default and ensure they can recover the loan amount if borrowers do not repay. Home ...