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 ...
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 ...
Increasing your home's value before an appraisal can make a difference in the appraised amount, potentially raising your equity or sale price. Here are five strategies to consider: Appraisers use a ...
A home appraisal is typically a required part of the mortgage application process, whether you’re buying a new home or refinancing. This is because the lender wants to make sure they can get their ...
Whether you’re eyeing a home renovation, consolidating debt, or starting a business, borrowing against your home equity can be a viable option. But before you get ready to cash in, there is one step ...
A drive-by appraisal doesn’t mean an appraiser just drives past your home and calls it a day. This method, also known as an exterior-only appraisal, gained traction during the COVID-19 pandemic when ...
Explore how racial bias affects home appraisals, leading to devaluation and $156B in losses, and discover proposed solutions for equitable valuation.