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 ...
If you’re familiar with real estate, you’ve likely heard about the appraised value versus the market value of a home. It can be easy to assume that those are the same or at least similar. However, ...
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 ...
Whether buying, selling, or refinancing your home, the appraisal process is a critical step. Everybody wants to know what it's worth. FOX 5 Real Estate Expert John Adams dropped by Good Day to give ...
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 ...
Explore how racial bias affects home appraisals, leading to devaluation and $156B in losses, and discover proposed solutions ...
Purchasing a house means getting an appraisal on the property as part of the home buying process. The person appraising the house is legally required to be licensed by the state in which they practice ...
The gap between home appraisals and sale prices is rising. That’s according to a new report from Corporate Settlement Solutions (CSS), which analyzed 10 states on the East Coast and Midwest for the ...
If you’re buying a home, an appraisal waiver can help you avoid the cost and time commitment of an in-person home appraisal. Instead, your mortgage lender will use an automated underwriting system to ...