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 ...
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 ...
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11 Things Your Home Appraiser Could Be Hiding From You
Before an appraiser looks at a property you want to buy or currently own, there are things you should know that they won't ...
Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...
Two questions often come up when the appraisal industry is mentioned: Why is there a lack of diversity amongst appraisers? And why is there an appraiser shortage? Experts and major industry ...
An appraisal for a refinance is part of the underwriting process for a new loan. Appraisers look at various factors, including your home’s location and its size, layout and improvements. Many lenders ...
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How to prepare for FHA appraisal requirements
An FHA appraisal assesses your home’s market value and condition to determine whether it’s both safe to inhabit and a good investment. You’ll need to pass the FHA appraisal to receive an FHA loan for ...
Any time a homebuyer seeks an appraisal as part of obtaining a mortgage, there’s a good chance expectations won’t align with the appraiser’s verdict on value. For older homeowners seeking a reverse ...
Home appraisals are done by professionals, but you can usually get an idea of what your home is worth using websites like Redfin and Zillow. These websites use public record information to estimate ...
A highly skilled appraiser can be a champion for a landowner whose property is being taken by a government entity. A credible, well-supported appraisal report can help you reach a favorable settlement ...
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